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248 Broad Street

Augusta, GA 30901
  • $1,480,000
  • STATUS: Active Under Contract
  • ON SITE: 39 Days
  • MLS #: 500726
Under Contract
UPDATED: 30 min ago
$1,480,000
  • 18
    BEDS
  • 0.69
    ACRES
  • 16
    BATHS
  • 0
    1/2 BATHS
  • 11,793
    SQFT
  • $125
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Ride the wave of a resurgent downtown Augusta to higher investment returns with this landmark property! Broad Street Commons is located in the heart of Olde Town, a short walk from the Savannah River and many of the city's most dynamic employers, entertainment venues, restaurants and museums. Broad Street Commons is a handsome collection of five early 19th century homes containing 12 residential apartment units with shared off-street parking. Property includes 234, 238, 244, 246, & 248 Broad Street. The Commons have a strong history of high occupancy and increasing rents. Broad Street Commons was honored in 2016 with a Preservation Easement held by Historic Augusta, Inc. Over 20-years of increasing rents offering a great inflation hedgeContinuously upgraded to maintain competitiveness in marketplace;Strong occupancy history;1031 exchange ready; Seller has additional multifamily properties available nearby

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IDX information © 2022 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 REMAX Reinvented | Natalie Poteete Team. Data last updated 2022-05-24T11:55:58.39.
www.augustageorgiaagent.com/homes/127726021
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248 Broad Street Augusta, GA 30901

  • Price: $1,480,000
  • Status: Active Under Contract
  • On Site: 39 Days
  • Updated: 30 min ago
  • MLS #: 500726
18
Beds
16
Baths
0
½ Baths
0.69
Acres
11,793
SQFT
$125
$/SQFT
1921
Built
Neighborhood:
Old Towne
County:
Richmond
Area:
Augusta
Elementary School:
Lamar
Middle School:
Hornsby Ws
High School:
Lucy Laney
Property Description
Ride the wave of a resurgent downtown Augusta to higher investment returns with this landmark property! Broad Street Commons is located in the heart of Olde Town, a short walk from the Savannah River and many of the city's most dynamic employers, entertainment venues, restaurants and museums. Broad Street Commons is a handsome collection of five early 19th century homes containing 12 residential apartment units with shared off-street parking. Property includes 234, 238, 244, 246, & 248 Broad Street. The Commons have a strong history of high occupancy and increasing rents. Broad Street Commons was honored in 2016 with a Preservation Easement held by Historic Augusta, Inc. Over 20-years of increasing rents offering a great inflation hedgeContinuously upgraded to maintain competitiveness in marketplace;Strong occupancy history;1031 exchange ready; Seller has additional multifamily properties available nearby
Exterior Features

Construction Materials Other Lot Size Dimensions 10X10 Parking Features Parking PadSee Remarks

Interior Features

Cooling Ceiling Fan(S)Central Air Heating ElectricHeat PumpNatural GasSee Remarks Unit1 Sq Ft 1657.00 Unit2 Sq Ft 2860.00 Unit3 Sq Ft 2208.00 Unit4 Sq Ft 1924.00 Unit5 Sq Ft 2048.00

Property Features

Community Features Bike PathBoat RampOtherParkPlaygroundSee RemarksSidewalksWalking Trail(S) Listing Terms 1031 ExchangeCash Owner Pays Grounds CareTrash CollectionWater Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions Not Applicable Tenant Pays Cable TvElectricityGas Unit1 Inclusions RangeRefrigeratorSee Remarks Unit1 Rent 1645.00 Unit1 Unit Number 234 Unit2 Inclusions RangeRefrigeratorSee Remarks Unit2 Rent 2905.00 Unit2 Unit Number 238 Unit3 Inclusions RangeRefrigeratorSee Remarks Unit3 Rent 2585.00 Unit3 Unit Number 244 Unit4 Inclusions RangeRefrigerator Unit4 Rent 2050.00 Unit4 Unit Number 246 Unit5 Rent 2010.00 Unit5 Unit Number 248 Water Source Public

Listing courtesy of Rex Property & Land, Llc.


IDX information © 2022 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 REMAX Reinvented | Natalie Poteete Team. Data last updated 2022-05-24T11:55:58.39.
 
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