3 Beds
2 Baths
1,521 SqFt
3 Beds
2 Baths
1,521 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,521 sqft
Price per Sqft $177
Subdivision Summerville
MLS Listing ID 100605911
Style See Remarks
Bedrooms 3
HOA Y/N No
Year Built 1926
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 40.03x150
Property Sub-Type Duplex
Source Hive MLS
Property Description
Both residences are currently vacant, providing flexibility for an owner-occupant or investor. The detached cottage offers 1 bedroom and 1 bathroom and was previously rented for $895/month.
The main residence is currently configured with 2 dedicated bedrooms and 1 bathroom, plus a versatile additional room that may serve as a third bedroom, home office, guest space, or den, depending on the buyer's needs. Recent improvements include replacement of the subfloor and hardwood flooring in the secondary bedroom and formal dining/living room.
Potential options include occupying the main residence while leasing the rear cottage, living in the cottage while leasing the main residence, or adding both residences to a rental portfolio. Estimated rental potential for the main residence may range from approximately $1,200/month as a 2-bedroom layout to approximately $1,400/month if utilized as a 3-bedroom layout, subject to buyer verification, market conditions, zoning, code requirements, and any required approvals or improvements. Based on these estimates and the cottage's prior rent, combined potential rental income may be approximately $2,095 to $2,295/month.
Convenient Augusta location near the medical and university area with easy access from the Wrightsboro Road corridor.
Some photos have been virtually staged for marketing purposes and may not represent the property's current furnishings or appearance. Room dimensions and square footage are approximate and provided for informational purposes only. Any stated or estimated property value is based on factors such as location, condition, available market data, and other relevant considerations and is not a guarantee of appraised or market value. Rental amounts and income projections are estimates only and are not guaranteed. Buyer to independently verify square footage, room dimensions, bedroom count, rental income, zoning, permitted uses, financing eligibility, property value, and all information deemed important prior to purchase.
Location
State GA
County Richmond
Community Summerville
Zoning r3
Direction From Wrightsboro Road, head toward the downtown/Medical District area, then turn onto Merry Street. The property is located at 1008 Merry Street, with the rear cottage identified as 1008 1/2 Merry Street.
Location Details Mainland
Rooms
Basement None
Interior
Interior Features Master Downstairs, Wash/Dry Connect, 2nd Kitchen
Heating Other, Electric, Natural Gas
Cooling Wall/Window Unit(s), Ceiling Fan(s)
Flooring Carpet, Vinyl, Ceramic Tile, Hardwood
Appliance Built-In Microwave, Built-In Gas Oven, Built-In Electric Oven, Range, Dishwasher
Exterior
Exterior Feature None
Parking Features None, Paved
Pool None
View See Remarks
Roof Type Metal
Accessibility None
Porch See Remarks, Porch
Garage No
Building
Lot Description See Remarks, Level
Entry Level One
Foundation Raised
Water Public
Level or Stories 1
Structure Type None
New Construction No
Schools
Elementary Schools Monte Sano
Middle Schools Tutt
High Schools Richmond Academy
Others
Tax ID 045-1-142-00-0
Special Listing Condition Individual
Schools and Properties Nearby