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121 W Gibson Street

Warrenton, GA 30828
  • $620,000
  • STATUS: Active
  • ON SITE: 94 Days
  • MLS #: 533381
UPDATED: 45 min ago
$620,000
  • 19
    BEDS
  • 2.2
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 7,035
    SQFT
  • $88
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

FULLY LEASED - 100% occupied - Value-add investment opportunity spanning two counties in McDuffie and Warren County, just outside of Augusta, Georgia is now available. This 6 unit single-family rental portfolio is 100% tenant occupied and comprises 6 different parcels across multiple locations. Spanning over 2.43 acres of combined land, these properties offer a diverse mix of housing options, including three single-family homes and three modular homes, providing investors with versatility and potential for increased rental income. The combined square footage of these units is around 8,103 SF, ensuring ample space for tenants to enjoy comfortable living arrangements. Currently, all units are fully leased, generating a steady monthly rent. Notably, the low controllable expenses associated with these properties enhance their attractiveness to potential investors. Tenants assume responsibility for utilities and landscaping maintenance, resulting in a favorable investment environment with minimized overhead costs. With tenants on month-to-month leases and self-management by the sellers, there exists significant potential to optimize returns through strategic rent adjustments upon turnover or the initiation of new leases. This presents an opportunity for investors seeking stable rental income and long-term growth potential in the thriving rental markets of Warrenton and Thomson. McDuffie County Properties: 5609 Murray Avenue, Thomson, GA, 30824 1884 Ridgeview Drive, Thomson, GA 30824 1934 Ridgeview Drive, Thomson, GA 30824 Warren County Properties: 266 Mayfield Road, Warrenton, GA 30828 178 Academy Road, Warrenton, GA 30828 121 W Gibson Street, Warrenton, GA 30828 Don't miss this opportunity to acquire a diversified portfolio in two thriving rental markets, poised for continued growth and profitability. Contact us today to seize this investment opportunity.

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IDX information © 2024 Greater Augusta Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or SRI Properties, Inc. Data last updated 2024-12-01T11:56:09.243.
www.sriproperties.com/homes/154254704
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121 W Gibson Street Warrenton, GA 30828

  • Price: $620,000
  • Status: Active
  • On Site: 94 Days
  • Updated: 45 min ago
  • MLS #: 533381
19
Beds
10
Baths
0
½ Baths
2.2
Acres
7,035
SQFT
$88
$/SQFT
1925
Built
Neighborhood:
Warrenville
County:
Warren
Area:
Warrenton
Elementary School:
M.E. Freeman
Middle School:
Warren County
High School:
Warren County
Property Description
FULLY LEASED - 100% occupied - Value-add investment opportunity spanning two counties in McDuffie and Warren County, just outside of Augusta, Georgia is now available. This 6 unit single-family rental portfolio is 100% tenant occupied and comprises 6 different parcels across multiple locations. Spanning over 2.43 acres of combined land, these properties offer a diverse mix of housing options, including three single-family homes and three modular homes, providing investors with versatility and potential for increased rental income. The combined square footage of these units is around 8,103 SF, ensuring ample space for tenants to enjoy comfortable living arrangements. Currently, all units are fully leased, generating a steady monthly rent. Notably, the low controllable expenses associated with these properties enhance their attractiveness to potential investors. Tenants assume responsibility for utilities and landscaping maintenance, resulting in a favorable investment environment with minimized overhead costs. With tenants on month-to-month leases and self-management by the sellers, there exists significant potential to optimize returns through strategic rent adjustments upon turnover or the initiation of new leases. This presents an opportunity for investors seeking stable rental income and long-term growth potential in the thriving rental markets of Warrenton and Thomson. McDuffie County Properties: 5609 Murray Avenue, Thomson, GA, 30824 1884 Ridgeview Drive, Thomson, GA 30824 1934 Ridgeview Drive, Thomson, GA 30824 Warren County Properties: 266 Mayfield Road, Warrenton, GA 30828 178 Academy Road, Warrenton, GA 30828 121 W Gibson Street, Warrenton, GA 30828 Don't miss this opportunity to acquire a diversified portfolio in two thriving rental markets, poised for continued growth and profitability. Contact us today to seize this investment opportunity.
Exterior Features

Attached Garage YN No Construction Materials Other Lot Size Dimensions 62X141 Parking Features Other

Interior Features

Bathrooms Full 10 Bathrooms Half 0 Cooling YN Yes Heating OtherMultiple Systems Unit1 Bathrooms Full 1 Unit1 Bathrooms Half 0 Unit1 Bedrooms 2 Unit1 Sq Ft 720 Unit2 Bathrooms Full 2 Unit2 Bathrooms Half 0 Unit2 Bedrooms 4 Unit2 Sq Ft 1792 Unit3 Bathrooms Full 2 Unit3 Bathrooms Half 0 Unit3 Bedrooms 4 Unit3 Sq Ft 1848 Unit4 Bathrooms Full 1 Unit4 Bathrooms Half 0 Unit4 Bedrooms 3 Unit4 Sq Ft 864 Unit5 Bathrooms Full 2 Unit5 Bathrooms Half 0 Unit5 Bedrooms 3 Unit5 Sq Ft 1284 Unit6 Bathrooms Full 2 Unit6 Bathrooms Half 0 Unit6 Bedrooms 3 Unit6 Sq Ft 1595

Property Features

Accessibility Features [] Community Features Other Listing Terms 1031 ExchangeCash New Construction YN No Owner Pays None Possession Close Of Escrow Property Sub Type Multi Family Sewer [] Special Listing Conditions Not Applicable Tenant Pays All Utilities Unit1 Rent 900 Unit2 Rent 900 Unit3 Rent 900 Unit4 Rent 700 Unit5 Rent 900 Unit6 Rent 900 Water Source Other

Listing courtesy of Meybohm Commercial Properties: 706-736-0700.


IDX information © 2024 Greater Augusta Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or SRI Properties, Inc. Data last updated 2024-12-01T11:56:09.243.
 
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