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5347 RIVER ROAD RD Waynesboro, GA 30830
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Key Details
Sold Price $171,050
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $42
Subdivision None-2Bu
MLS Listing ID 512067
Sold Date 07/31/23
Bedrooms 10
Originating Board REALTORS® of Greater Augusta
Year Built 1980
Lot Size 2.000 Acres
Acres 2.0
Lot Dimensions 271X235
Property Sub-Type Multi Family
Property Description
OWNER FINANCING OPPORTUNITY TO QUALIFIED BUYER! Ask about the low interest rate for this commercial property. This is a one-of-a-kind value add 10 room multifamily property featuring a spacious kitchen, dining area, and sitting area. There is a furnished main lobby much like a hotel lobby. The kitchen has been set up as a commercial kitchen. Each room is available for rent on a weekly basis at $135 per week, making this property a profitable investment opportunity. Located just minutes away from Plant Vogtle, this property offers the perfect combination of convenience and comfort. The property is highly visible from River Road offering tons of road frontage. It sits on 2 acres so let your mind explore the opportunities for expansion! It is also convenient to the Augusta Regional Airport and a straight shot to 5-20 via Highway 56. A Buyer with marketing skills could really turn this into a major cash flow quickly. The sellers have never marketed the property! Don't miss out on this opportunity to own a cash cow in an ideal location. Rent roll is available. 2022 NOI: $32,698 with no marketing campaign!
Location
State GA
County Burke
Community None-2Bu
Area Burke (2Bu)
Direction Take Bobby Jones to exit 9 (highway 56 to Waynesboro). Turn right. Turn left onto River Road.
Interior
Heating See Remarks, Forced Air, Heat Pump
Cooling Ceiling Fan(s), Central Air
Exterior
Parking Features See Remarks
Community Features Other
Building
Sewer Septic Tank
Water Well
Structure Type Block
New Construction No
Schools
Elementary Schools Waynesboro
Middle Schools Burke County
High Schools Burke County
Others
Tax ID 106078A
Acceptable Financing Trade, 1031 Exchange, Cash, Conventional
Listing Terms Trade, 1031 Exchange, Cash, Conventional
Special Listing Condition Not Applicable
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