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353-355 Telfair Street

Augusta, GA 30901
  • $635,000
  • STATUS: Active
  • ON SITE: 114 Days
  • MLS #: 522204
UPDATED: 31 min ago
$635,000
  • 13
    BEDS
  • 0.31
    ACRES
  • 13
    BATHS
  • 0
    1/2 BATHS
  • 9,527
    SQFT
  • $67
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1896
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Get in on downtown Augusta's ascendance with this value-add property project with preliminarily approved plans to convert to thirteen modern units: nine studios and four traditional apartments, with shared off-street parking. Telfair Square Studios & Apartments is in two contiguous historic buildings located in the heart of the community of Olde Town, with the much loved Fox's Lair and Olde Town Inn next door and Heritage Academy a block away, only a short walk from the Savannah River and many of the city's most dynamic employers, entertainment venues, restaurants and museums. Once part of the Telfair Inns complex, the existing buildings consist of inn suites with bathrooms and a couple of larger apartments. Three currently occupied apartments with full kitchens and laundry are leased month-to-month. Schematic plans show how one of the buildings can be rehabbed into nine very nice modern studio units. Ask about similar conversions in the block with a strong history of high occupancy and increasing rents. A seller is licensed real estate broker and is related to listing agent. Seller requires proof of funds or financing approval to schedule appointments. Tenants must be given at least 24 hours notice to view occupied units. Opportunity zone; 1031 exchange ready; qualifies for historic preservation easement which Seller will initiate prior to closing. Invest in Augusta's future while preserving a beautiful piece of its history!

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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 Shannon Rollings Real Estate. Data last updated 2024-02-24T20:58:16.337.
www.shannonr.com/homes/144902537
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353-355 Telfair Street Augusta, GA 30901

  • Price: $635,000
  • Status: Active
  • On Site: 114 Days
  • Updated: 31 min ago
  • MLS #: 522204
13
Beds
13
Baths
0
½ Baths
0.31
Acres
9,527
SQFT
$67
$/SQFT
1896
Built
Neighborhood:
Old Towne
County:
Richmond
Area:
Augusta
Elementary School:
Hornsby
Middle School:
Hornsby Ws
High School:
Lucy Laney
Property Description
Get in on downtown Augusta's ascendance with this value-add property project with preliminarily approved plans to convert to thirteen modern units: nine studios and four traditional apartments, with shared off-street parking. Telfair Square Studios & Apartments is in two contiguous historic buildings located in the heart of the community of Olde Town, with the much loved Fox's Lair and Olde Town Inn next door and Heritage Academy a block away, only a short walk from the Savannah River and many of the city's most dynamic employers, entertainment venues, restaurants and museums. Once part of the Telfair Inns complex, the existing buildings consist of inn suites with bathrooms and a couple of larger apartments. Three currently occupied apartments with full kitchens and laundry are leased month-to-month. Schematic plans show how one of the buildings can be rehabbed into nine very nice modern studio units. Ask about similar conversions in the block with a strong history of high occupancy and increasing rents. A seller is licensed real estate broker and is related to listing agent. Seller requires proof of funds or financing approval to schedule appointments. Tenants must be given at least 24 hours notice to view occupied units. Opportunity zone; 1031 exchange ready; qualifies for historic preservation easement which Seller will initiate prior to closing. Invest in Augusta's future while preserving a beautiful piece of its history!
Exterior Features

Attached Garage YN No Construction Materials OtherBrick Lot Size Dimensions 0x0 Parking Features See RemarksParking Pad

Interior Features

Bathrooms Full 13 Bathrooms Half 0 Heating See Remarks Unit1 Bathrooms Full 1 Unit1 Bathrooms Half 0 Unit1 Bedrooms 1 Unit1 Sq Ft 0 Unit2 Bathrooms Full 1 Unit2 Bathrooms Half 0 Unit2 Bedrooms 1 Unit2 Sq Ft 0 Unit3 Bathrooms Full 1 Unit3 Bathrooms Half 0 Unit3 Bedrooms 1 Unit3 Sq Ft 0 Unit4 Bathrooms Full 1 Unit4 Bathrooms Half 0 Unit4 Bedrooms 1 Unit4 Sq Ft 0 Unit5 Bathrooms Full 1 Unit5 Bathrooms Half 0 Unit5 Bedrooms 1 Unit5 Sq Ft 0 Unit6 Bathrooms Full 1 Unit6 Bathrooms Half 0 Unit6 Bedrooms 1 Unit6 Sq Ft 0 Unit7 Bathrooms Full 1 Unit7 Bathrooms Half 0 Unit7 Bedrooms 1 Unit7 Sq Ft 0 Unit8 Bathrooms Full 1 Unit8 Bathrooms Half 0 Unit8 Bedrooms 1 Unit8 Sq Ft 0 Unit9 Bathrooms Full 1 Unit9 Bathrooms Half 0 Unit9 Bedrooms 1 Unit9 Sq Ft 0

Property Features

Community Features See RemarksParkPlaygroundSidewalksStreet LightsWalking Trail(s) Community Features Park Yes Community Features Playground Yes Community Features Walking Trail Yes Listing Terms See RemarksOther1031 ExchangeCash New Construction YN No Owner Pays See Remarks Possession Negotiable Property Sub Type Multi Family Public Sewer Yes Sewer Public Sewer Special Listing Conditions Not Applicable Tenant Pays See Remarks Unit1 Rent 0 Unit2 Rent 0 Unit3 Rent 0 Unit4 Rent 0 Unit5 Rent 0 Unit6 Rent 0 Unit7 Rent 0 Unit8 Rent 0 Unit9 Rent 0 Water Source Public Water Source Public Yes

Listing courtesy of Rex Property & Land, Llc: 706-722-4962.


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 Shannon Rollings Real Estate. Data last updated 2024-02-24T20:58:16.337.
 
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Shannon Rollings Real Estate
339 West Avenue
North Augusta SC, 29841