$595,000
Pending
50 Days Online
12 Beds7 Baths4,602 SQFT
Pending

1638 Cleveland Street Augusta, GA 30904

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Looking for your new investment opportunity? Now available are 7 fully leased units in the Medical District in Augusta, GA. Built in 1983, this U-shaped, single-story brick apartment building has 4 units that are accessed from Cleveland Street and 3 units accessed by Gretter Lane. There is parking available in front of all units.The unit mix is 2, 1 bedroom and 1-bathroom apartments and 5, 2 bedrooms and 1-bathroom apartments. Each apartment is separately metered for electricity and water, allowing tenants to pay for all their own utilities which is great for landlords and owners. Updates have been made to the units over the past couple of years, like new paint, LVT or new carpet, updated appliances in some units and more. Other amenities in each unit include, eat-in kitchen, dishwasher, garbage disposal and multiple closets throughout the apartment. All tenants are in a current lease but investors can continue to add value and upgrades to units with adding washer and dryer connections to allow for higher rents, either with Section 8 housing or using as student housing due to close proximity to Paine College or medical schools. Now is your chance to own this prime location off Walton Way and located close to the Medical District, as this area continues to change and grow.

  • Property TypeMulti-Family
  • NeighborhoodNone-1ri
  • CountyRichmond
  • Taxes$4,366
  • HOA/Condo/Coop Fees$0
  • Days on Site50 Days
  • MLS StatusPending
  • MLS ID Number532083
  • Home Size Source N/A
  • Year Built1983
  • Lot Size0.25 Acres
  • Full Baths7
  • Partial BathsN/A

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Schools

School District
Lucy Laney
Elementary School
Lamar-Milledge Elementary School
Middle School
Hornsby WS Middle School
High School
Lucy Laney High School

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Monthly Payment (Est.)

$2,891
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