212-214 Ellis Street, Augusta, GA 30901

$365,000
6,389
SqFt
List Price
$365,000
MLS#
455303
Status
ACTIVE
Type
Multifamily
Subtype
5-10 Units
Living Area
6,389
Subdivision
Old Towne

Property Description

Selling a 6-unit complex in Historic Olde Town. 212 is a duplex and 214 is a quadplex. Shared driveway and parking behind buildings. 100% occupied. Gross Rents are $3,544 per month. Current tenants are stable and repositioning presents a huge value-add opportunity as rents have skyrocketed in Historic Olde Town due to relocation of Army Cyber Operations at Fort Gordon and overall gentrification in the neighborhood. Located in the opportunity zone. Just a couple blocks to the Savannah River, 2 minutes from the Central Business District, 10 blocks from the Cyber Center, 5 minutes from AU/MCG and medical district, 20 minutes from Fort Gordon. TALL 6 UNITS ARE OCCUPIED - TOURS WILL BE SCHEDULED WITH SIGNED LOI OR CONTRACT.

Additional Information

Elementary School
Craig-Houghton
Middle School
OTHER
High School
Lucy Laney
Year Built
1918
Acres
0.27
Attic
Other-See Remarks
Lot Dimensions
0.27
Style
Other

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Calculator source: Real Geeks

Listing courtesy of MEYBOHM REAL ESTATE-WHEELER RD.