Augusta, GA 30904,1116  1118 MILLEDGE ROAD
Augusta, GA 30904,1116  1118 MILLEDGE ROAD
Augusta, GA 30904,1116  1118 MILLEDGE ROAD
Augusta, GA 30904,1116  1118 MILLEDGE ROAD
Augusta, GA 30904,1116  1118 MILLEDGE ROAD
Augusta, GA 30904,1116  1118 MILLEDGE ROAD
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$1,675,000

$1,899,900

11.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

10 Beds

8 Baths

6,436 SqFt


SOLD DATE : 05/16/2025

Key Details

Sold Price $1,675,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,436 sqft

Price per Sqft $260

Subdivision Summerville

MLS Listing ID 536050

Sold Date 05/16/25

Bedrooms 10

Full Baths 7

Half Baths 1

Year Built 1916

Lot Size 0.400 Acres

Acres 0.4

Lot Dimensions 50 x 165, 50 x164.79

Property Sub-Type Multi Family

Source REALTORS® of Greater Augusta

Property Description

Rare Opportunity to own 2 Beautiful Historic Duplex Homes in Beautiful Summerville in Augusta ! They have undergone a total renovation down to the studs with Attention to all details to retain their Historic Charm. A total of 10 bedrooms and 7 and 1/2 Bathrooms. 10 foot ceilings and expansive feel throughout, All of the units are Impeccably Furnished and Decorated. New Roofs, All New Custom Kitchens with all wood cabinets and granite countertops., High end appliances, Fabulous Hardwood floors throughout ,All New Plumbing, Electrical , and HVACs , All bathrooms have been redone with custom tiles, All new insulated windows with the exception of a few windows which have remained for their historic significance . Exterior walls and roofs are spray foamed for superior insulation for comfort and noise.
New Stackable washers and dryers , tankless water heaters, New Doors
Incredible large custom deck on the rear of 1116 building with large shady tree emerging in the center.
Relax on the beautiful porches which are on all units.
New manicured Driveway designed to impress that runs from street to rear of properties with parking pads in front to property to host 4 cars and ample parking in rear.
New sprinkler system for shrubbery and Grass
These two historic duplexes are nestled amongst all of the fabulous homes that line Milledge Road.
Property is ideally located a few blocks from Augusta University, Some of Augusta best Restaurants, 1 mile from Augusta Country Club and just a short distance from Augusta National Golf Club
All are income producing with Masters rentals in place to add to income. Current rents on 3 bedroom units 3800, 3500
2 bedroom units 2500, 2000
Current total masters rental appx 65,000 for the week .Rate of return Appx 9.3%
So many options with these properties.
Excellent Masters Hospitality House Potential.
Luxury Short Term, Long Term , Air BNB
Or chose one of the charming units as your personal home in this ideal location in Augusta and have the others units generating income !!
Augusta is home to the Masters Golf, Tournament, Georgia Cyber Center , Fort Eisenhower, Augusta Universities /Hospital and countless other major industries

Location

State GA

County Richmond

Community Summerville

Area Richmond (1Ri)

Direction From Walton Way heading towards downtown Augusta turn right on Milledge Road , The two homes will be on the left before reaching Central Avenue

Exterior

Parking Features Parking Pad

Community Features Street Lights

Building

Water Public

New Construction No

Schools

Elementary Schools Monte Sano

Middle Schools Langford

High Schools Richmond Academy

Others

Tax ID 0442108000

Acceptable Financing 1031 Exchange, Conventional, FHA

Listing Terms 1031 Exchange, Conventional, FHA

Special Listing Condition Not Applicable

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Listed by Terri Richards • Auben Realty, LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(706) 627-3111

kasey@kaseysingleton.com

4115 Columbia Road STE 5 # 259, Martinez, Georgia, 30907, United States

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