new - 5 days on rocket

216 Greene St, Augusta, GA, 30901

$499,000

Home List Price

$5,926*

Closing Credit

6 Bedrooms
6 Full Baths
3,340 SqFt
$149/SqFt
Multi

Location

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216 Greene St, Augusta$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1911
MLS #525868
Lot Size0.31 Acres
StatusActive

About 216 Greene St

216 Greene Street is YOUR next multi-family investment opportunity in downtown Augusta. Nestled in the Olde Town neighborhood, this six-unit property presents a chance for you to capitalize on the growth in the downtown area and capitalize on the value-add opportunity and allowing for convenience, accessibility and endless potential for both tenants and owner.Positioned on the 200 block of Greene Street, this property is on a large double lot allowing for space for tenants, plenty of parking and more. Currently, there is one fully furnished unit in the back that is a 1 bed and 1 bath unit, that has a long-term tenant that is on a mtm lease at $1,100/month, providing immediate income for savvy investors. (Please DO NOT disturb the tenant). There are 5 additional units in the property with 4 studios of varying size and an additional 1 bedroom unit. The main house has shared laundry, and the back furnished unit has its own laundry. Three of the 5 units are ready for their next tenant. Two of the units could use some basic updating, the front unit needs the bathroom to be finished but this large studio is full of historic charm and your tenants will love spending time on the large front porch. The property is metered separately for each unit and an additional meter for the common spaces. There is 1 water meter for all units. Over the years the current owner has done various updates but he is ready to move on and selling this as-is to its next investor. With the large lot, there are many possibilities, with ample space for expansion or additional amenities. There is plenty of parking for your tenants. Currently, Greene Street is in the midst of a HUGE project with new sidewalks, resurfacing of the road, gutters and more. Don't let these updates to the area stop you from checking out this property. Whether you're an experienced investor looking to expand your portfolio or a newcomer eager to enter the lucrative world of real estate, this property offers endless possibilities. With vacancies ready to be filled and the flexibility to customize units to meet market demand, the potential for increased cash flow and long-term appreciation is unmatched. Make time to check out this multi-family opportunity today!

Property Details

Property Features

Property Information:

  • Year Built: 1911
  • Living Area: 3,340 SqFt

Listing Office:

  • Office Name: Meybohm Commercial Properties
  • Office Phone: (706) 736-0700
  • Listing Agent: Danielle Meikrantz

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

Other

Directions Information:

  • Directions: Located on the 200 block of Greene Street in Olde Town. From Calhoun Expressway, continue down Greene Street. There is some construction happening along Greene as you head into Olde Town, signs may send you on a detour down Telfair or Ellis, but at Third Street, you are able to get back onto Greene Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $149/SqFt

Tax Information:

  • Annual Amount: $2,623
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Augusta, GA.

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Augusta, GA

City

Med. List Price

$185K

Med. Price/SqFt

$127

Avg. Days On Market

91

# of Sold Homes

6

216 Greene St vs Augusta

5 DAYS ON ROCKET

-86 Days

$499,000

+$314K More

$149/SqFt

+$21 More

KEY TAKEAWAY

This property is $314K more than the Median List Price and $21/SqFt more than other homes in Augusta, GA.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: AugustaGA
  • MLS Number: #525868

Listing Office:

  • Office Name: Meybohm Commercial Properties
  • Office Phone: (706) 736-0700
  • Listing Agent: Danielle Meikrantz

Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 6:16:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 25, 2017Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,623$47,902
2020$2,554$77,328
2018$1,396$39,072
2017$1,389$39,072

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1763789
2
/10

  • W. S. Hornsby Elementary School

  • 310 Kentucky Ave

  • 1.06 miles

  • Public District Grades PK-5

school-card-donut-1763790
4
/10

  • North Augusta Elementary School

  • 400 E Spring Grove Ave

  • 1.80 miles

  • Public District Grades PK-5

school-card-donut-1763791
4
/10

  • Lamar-Milledge Elementary School

  • 510 Eve St

  • 2.68 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,980. The majority of Augusta, GA residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Richmond County›Augusta›30901›216 Greene St

This home is located at 216 Greene St in Augusta, GA and zip code 30901. This 3,340 square foot home, which was built in 1911, sits on a 0.31 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $499,000.

The inventory of homes for sale in Augusta, GA between October 2024 and November 2024 increased by 9.4%. Listings spent 91 days on the market in November 2024, and had a median list price of $185,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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