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212 Ellis St

2 Unit Apartment Building $329,836 CAD ($164,918 CAD/Unit) 10.28% Cap Rate Augusta, GA 30901

Investment Highlights

  • Downtown Location
  • Dining and shopping nearby
  • Close to Augusta University/Medical College of Georgia

Executive Summary

Prime Multi-Family Investment Opportunity in Augusta, GA! This duplex home offers an excellent investment opportunity with two well-maintained 1-bedroom, 1-bathroom units under one roof! Located just minutes from Downtown Augusta, Augusta University, and the Medical College of Georgia, this property is perfectly positioned to attract tenants seeking convenience and accessibility. Each unit features comfortable living spaces, making it ideal for long-term tenants or short-term rentals. This property can be grouped with the neighboring 4 unit home next door creating 6 units overall! Don't miss this chance to own a multi-family property with strong rental demand!

Attachments

FS-ELLIS

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $329,836 CAD
Price Per Unit $164,918 CAD
Sale Type Investment
Cap Rate 10.28%
Sale Conditions Bulk/Portfolio Sale
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Single Family Home
Lot Size 0.27 AC
Building Size 2,474 SF
No. Stories 1
Year Built 1918
Opportunity Zone Yes

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Heating
  • Family Room

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
6+2 2 $1,427 CAD 1,014 - 1,460

zoning

Zoning Code R-3B (Residential)
R-3B (Residential)
  • Listing ID: 34275157

  • Date on Market: 2024-12-23

  • Last Updated:

  • Address: 212 Ellis St, Augusta, GA 30901

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