602 3rd St Augusta, GA 30901
Olde Town-Pinched Gut NeighborhoodEstimated payment $5,226/month
Highlights
- Community Playground
- Park
- 2-minute walk to May Park
- Johnson Magnet Rated 10
- Multiple cooling system units
About This Home
Now available is this mixed-use investment opportunity. 602 Third Street in Augusta, GA - where history meets opportunity! Nestled in the heart of downtown Augusta's vibrant Olde Town district, this mixed-use gem offers eight units of potential waiting to be unlocked.Constructed in 1911 and recently updates, this charming property boasts a prime corner location at Walker Street and Third Street, directly across from the iconic Thankful Baptist Church. Whether you're drawn to its historic allure or its promising investment potential, this property has something for everyone. The property has 4 apartments upstairs., with 2 leased and 2 vacant There are 3 downstairs commercial spaces with an upcoming vacancy at the end of the month, perfect for someone to add their business to this location! 608 Third Street is a furnished 2 bed and 2 bath home with a MTM lease in place for the next 2 months. It has been fully updated with a new master-suite that features a BRAND NEW BATHROOM with double closets. The house also now has a laundry room and is being sold furnished. Reach out for the rent roll! Trust me, your investors will like what they see on this new rent roll! With three street-facing commercial spaces and separate entrances for the upstairs apartments, versatility is the name of the game. Picture yourself strolling past the beautiful brick exterior, imagining the possibilities for these unique spaces. Plus, with street parking readily available, convenience is always at your doorstep.Inside, you'll find separately metered utilities and shared water, ensuring efficiency for both you and your tenants. The shared laundry room adds convenience, while the vacant residential units present a blank canvas for your vision.Invest in more than just property - invest in a thriving community. Located in a growing area, the value-add potential here is undeniable. Whether you're a seasoned investor or a first-time buyer, 602 Third Street offers the perfect blend of history, opportunity, and potential income.Please schedule showing and do not disturb tenants or businesses.
Listing Agent
Meybohm Commercial Properties License #401159 Listed on: 10/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,953
Year Built
- Built in 1911
Lot Details
- 7,405 Sq Ft Lot
Home Design
- 5,978 Sq Ft Home
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 8 Full Bathrooms
Schools
- Hornsby Elementary School
- Hornsby Ws Middle School
- Lucy Laney High School
Utilities
- Multiple cooling system units
- Multiple Heating Units
Listing and Financial Details
- Assessor Parcel Number 0474350010
Community Details
Overview
- 8 Units
- Old Towne Subdivision
Recreation
- Community Playground
- Park
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,953 | $247,568 | $1,894 | $245,674 |
| 2024 | $8,953 | $290,922 | $2,959 | $287,963 |
| 2023 | $2,348 | $35,064 | $2,959 | $32,105 |
| 2022 | $2,243 | $29,220 | $2,959 | $26,261 |
| 2021 | $4,282 | $103,088 | $2,959 | $100,129 |
| 2020 | $2,020 | $20,292 | $582 | $19,710 |
| 2019 | $3,898 | $91,317 | $2,959 | $88,358 |
| 2018 | $3,097 | $87,170 | $2,959 | $84,211 |
| 2017 | $4,250 | $87,170 | $2,959 | $84,211 |
| 2016 | $4,252 | $84,673 | $0 | $0 |
| 2015 | -- | $84,673 | $0 | $0 |
| 2014 | -- | $84,673 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | For Sale | $850,000 | -- | $142 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $169,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $169,000 | New Conventional |
Source: REALTORS® of Greater Augusta
MLS Number: 547793
APN: 0474350010
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