$1,675,000
$1,899,900
11.8%For more information regarding the value of a property, please contact us for a free consultation.
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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4115 Columbia Road STE 5 # 259, Martinez, Georgia, 30907, United States
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