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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0BEDS
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0.27ACRES
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0BATHS
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01/2 BATHS
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2,144SQFT
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$58$/SQFT
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.
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 Melton Realty Partners at Keller Williams Realty Augusta Partners. Data last updated 2018-04-26T10:56:31.847.