3025 Milledgeville Road

    Augusta, GA 30904
    • $125,000
    • STATUS: Active
    • ON SITE: 45 days
    • MLS #: 424018
    UPDATED: 22 min ago
    $125,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,144
      SQFT
    • $58
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1971
    County:
    Area:

    School Ratings & Info

    Description

    INVESTMENT OPPORTUNITY! Average Traffic Count: 5000 per day. Near Gordon Highway. Ample Parking. Easy On & Off road access. 129 Foot of Road Frontage. Toilet and sink in units. Excellent Income Producing Property to get your feet wet with in Investment Properties. Total 3 units, 2 on end currently rented. Middle 700 sf unit is vacant and could be used as Owner/Occupant with end rents paying the mortgage. ---- Unit A - {33' x 19'} 628sf @ $550/mt. (rented) ---- Unit B - {36' x 28'} 1008sf @ $800/mt (vacant) ---- Unit C - {17.5' x 28' } 490sf @ $650. (rented) Total $1900/month -or- $1200/month with Owner occupying middle unit that has 5 Large Display windows. Middle Unit was previously used as a Church and has a raised stage. Unit A - Beauty Salon Unit C - Recording Studio Unit B - Vacant - previously used as a Church. Operating Expenses ($163 per month). CAPITALIZATION RATE of 17.6% with full occupancy.

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    IDX information © 2018 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 Shannon Rollings Real Estate. Data last updated 2018-04-20T07:56:04.15.
    www.shannonr.com/homes/81289679

    3025 Milledgeville Road Augusta, GA 30904

    • Price: $125,000
    • Status: Active
    • Updated: 22 min ago
    • MLS #: 424018
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    2,144
    SQFT
    $58
    $/SQFT
    1971
    Built
    Neighborhood:
    None-1Ri
    County:
    Richmond
    Area:
    Augusta
    Property Description
    INVESTMENT OPPORTUNITY! Average Traffic Count: 5000 per day. Near Gordon Highway. Ample Parking. Easy On & Off road access. 129 Foot of Road Frontage. Toilet and sink in units. Excellent Income Producing Property to get your feet wet with in Investment Properties. Total 3 units, 2 on end currently rented. Middle 700 sf unit is vacant and could be used as Owner/Occupant with end rents paying the mortgage. ---- Unit A - {33' x 19'} 628sf @ $550/mt. (rented) ---- Unit B - {36' x 28'} 1008sf @ $800/mt (vacant) ---- Unit C - {17.5' x 28' } 490sf @ $650. (rented) Total $1900/month -or- $1200/month with Owner occupying middle unit that has 5 Large Display windows. Middle Unit was previously used as a Church and has a raised stage. Unit A - Beauty Salon Unit C - Recording Studio Unit B - Vacant - previously used as a Church. Operating Expenses ($163 per month). CAPITALIZATION RATE of 17.6% with full occupancy.
    Exterior Features

    Land Description OpenIrregular Land Options Other-See Remarks Land Use Industrial Lot Size 128 X 75 X 182 X 96 Parking Description GravelPoured ConcretePaved Parking Spaces 20.00 Possible Land Use CommercialOfficeLight Industrial Road Access State Highway Road Frontage 129 Road Surface Paved Roof Description Aluminum Topography Level

    Property Features

    Average Depth 83 Avg Daily Traffic 5000. Building Type Free Standing Current Building Use Other-See Remarks Development Status Finished Electric 220 Volt Full Service No Gross Operating Income 164.00 Improvements Curb Information Available AerialLeases Lease Rate 1900.00 Net Income 1900.00 Offering Sale Ownership Type Individual Possession At Close Possible Building Use ChurchPersonalGeneral IndustrialService CenterSchoolGeneral RetailOffice/ShowroomGeneral OfficeMeeting Hall Property Type Commercial Business REO Not Applicable Restrictions Other-See Remarks Sale Or Lease Included Other-See Remarks Sewer City Short Sale No Taxes 5700.00 Tenancy M Utilities Electricity On SiteSewer On SiteWater On Site

    Listing courtesy of Era Sunrise Realty.


    IDX information © 2018 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 Shannon Rollings Real Estate. Data last updated 2018-04-20T07:56:04.15.
     
    Shannon Rollings Real Estate
    SC,