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$595,000
1638 Cleveland St, Augusta, GA 30904
8 Beds
5 Baths
4,602 SqFt

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7 fully leased units in the Medical District in Augusta, GA. Built in 1983, this single story brick apartment building has 4 units that are accessed from Cleveland Street and three units behind that are accessed from Gretter Lane. There is parking available in front of all units.The unit mix is 2 1 bedroom and 1 bathroom apartments and 5 two bedrooms and 1 bathroom apartments. All tenants pay own utilities and all tenants are in a lease. 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 growth happens. Investors can continue to add value and upgrade to reposition units with higher rents either w/ Section 8 housing or upgraded amenities and use as student housing due close proximity to Paine College or medical schools. Please do not disturb the tenants. Showings will be coordinated once under contract. Check out the two 3D tours available.
  • Price:
  • $595,000
  • Bedrooms:
  • 8
  • Full Baths:
  • 5
  • Square Footage:
  • 4,602
  • Acreage:
  • 0.25
  • Year Built:
  • 1983
  • Listing ID #:
  • 502039
  • Street Address:
  • 1638 Cleveland St
  • City:
  • Augusta
  • State:
  • Georgia
  • Postal Code:
  • 30904
  • County:
  • Richmond
  • Community:
  • Richmond (1ri)
  • Subdivision:
  • Harrisburg
  • Listing Status:
  • Pending
  • Listing Type:
  • Multi Family
n/a

CRAIG-HOUGHTON
Public
n/a

A R JOHNSON H.S.E.
Public
n/a

RICHMOND ACADEMY
Public
  • Construction Description:
  • Brick
  • Number Of Units:
  • 7
  • Total Building Square Footage:
  • 4602
  • Year Built:
  • 1983
  • Community Features:
  • Other, Security Guard
  • Terms:
  • 1031 Exchange, Cash, Conventional
  • Price Per Square Foot:
  • 129.29
  • Tenant Pays:
  • All Utilities
  • Parking Description:
  • Parking Pad
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Heating:
  • Electric
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing provided by Meybohm Commercial Properties
  • GAAUGUSTA

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