Additional Details

• Important Details: --> Rented month to month @ $600/mo--> No HOA
• Features: 3-Bedroom Rental Opportunity Under 55K in Augusta, GA! This property is currently rented at $600/month with month-to-month tenants, providing immediate cash flow with plenty of upside. An investor can either increase the existing rent closer to market rates or complete some interior updates to improve the property and maximize rental income. With a low entry price and tenants already in place, this is a solid long-term hold opportunity with room to increase returns.
• Potential ARV: $120,000-$135,000+
• Rehab Description: To maximize resale value, the property has been well maintained but dated and would benefit from a clean, contemporary cosmetic update. Roof age is unknown and would need to be replaced. Modernize the interior by updating the flooring, kitchen, bathrooms, fixtures, and finishes, apply fresh interior paint, complete a thorough deep clean, and add light landscaping to enhance curb appeal and create a market-ready product.
• Ideal Investment Strategy: Resale/Rental
• Comparable Rent: $1,150-$1,500
• Construction: FR/STUCCO
• Comp 1: 2404 Ruby Drive, Augusta, GA 30906 3/1 1000 SQFT 1951 Build SOLD @ $165,000 (Dated/clean)
• Comp 2: 3221 Alpine Rd, Augusta, GA 30909 3/1 1000 SQFT 1952 Build SOLD @ $150,000 (Dated/clean)
• Comp 3: 104 Thomas Circle, Augusta, GA 3090 2907 Sherwood Ln FORT PIERCE , FL 34982-6164 3/1 960 SQFT 1953 Build SOLD @ $120,000 (Dated/clean)
• Hard Money: Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money