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2524 Rhodes Dr, Augusta, GA 30906
2524 Rhodes Dr, Augusta, GA 30906
$59,990 - Single Family
936 sq ft 2 Bedrooms 1 Bathroom 1953 Year Built

Additional Details

  • Important Details: --> VACANT at close! --> Excellent rental area!
  • Features: New deal in Augusta! This is a practical 2 bedroom, 1 bathroom home with 936 sqft. of living space. Centrally located, it offers convenience with quick access to shopping outlets, restaurants, pharmacies, gas stations, and a public park - all within minutes. Property can easily be transformed into a 3/1 with simple addition of a closet in the 3rd room. This property is a straightforward investment opportunity with solid rental potential in a desirable neighborhood.
  • Potential ARV: $100,000 - $120,000
  • Rehab Description: Property was recently rented and will need a textbook cosmetic rehab to get maximum market value. On the interior, trash out and deep clean. Update the kitchen, bathroom, and trim/fixtures. Original hardwood floors in good condition. Replace window A/C units along with a broken window. Update cast iron pipe under the house. On the exterior, roof shows no signs of leaks but advised to be replaced due to age. Spot repair vinyl siding. Power wash exterior, apply fresh paint around, and landscaping to boost curb appeal! Optionally add a closet into the extra room to make it a 3/1 layout to maximize rental income.
  • Estimated Rehab: $30,000 - $40,000
  • Construction: Frame
  • Ideal Investment Strategy: Rental/Resale
  • Comparable Rent: $950
  • Comp 1: 2718 Fleming Dr, Augusta, GA 30906 2/1 964 sqft Sold for $124K in JUNE (1950 build, clean finishes, flip)
  • Comp 2: 2213 Tudor Dr, Augusta, GA 30906 2/1 840 sqft Sold for $70K in NOV. (1965 build, needs updating)
  • Comp 3: 2564 Ivey Rd, Augusta, GA 30906 3/1 968 sqft Sold for $70K in MAY (1952 build, needs updating, CASH SALE)
  • Comp 4: 1895 Virginia Ave Augusta GA 30906 2/1 1,155 sqft Sold for $72K in SEPT. (1952 build, needs updating)
Property Location