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Based on the description you provided, this duplex is located in the Olde Town neighborhood of Augusta, Georgia. This area is known for its historic charm and is a popular spot for both residents and investors. Here's a breakdown of the key features from the description and how they relate to the Augusta real estate market: 2 bedroom / 1 bathroom units: A common and desirable size for duplexes in the area, appealing to a wide range of tenants. Original hardwood floors and desirable floor plan: These features are consistent with the historic nature of Olde Town, which is listed on the National Register of Historic Places. ''Cash Flowing Asset'' and ''stable investment'': These are standard real estate marketing terms, but they highlight the property's potential to generate income. The fact that both units are currently leased supports this claim. Recent upgrades (new roof, new hot water heaters, serviced HVAC): This is a significant selling point for investors, as it suggests that major capital expenditures have already been taken care of, reducing the immediate maintenance costs for a new owner. ''Priced under market value and priced to sell fast'': This is a classic sales tactic to create a sense of urgency. An investor would want to verify this claim by checking recent comparable sales in the area. Concessions for cosmetic repairs: The offer of an allowance for paint and flooring is a good incentive. It acknowledges that while the major systems are in good shape, the property could benefit from some aesthetic updates, which is common for older homes.
| DAYS ON MARKET | 502 | LAST UPDATED | 9/29/2025 |
|---|---|---|---|
| TRACT | Old Towne | YEAR BUILT | 1916 |
| COMMUNITY | Richmond (1RI) | COUNTY | Richmond |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Hornsby |
|---|---|
| Jr. High School | Hornsby WS |
| High School | Lucy Laney |
| PRICE HISTORY | |
| Prior to May 21, '25 | $256,900 |
|---|---|
| May 21, '25 - Jul 27, '25 | $245,000 |
| Jul 27, '25 - Sep 29, '25 | $234,900 |
| Sep 29, '25 - Today | $229,900 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Other |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Richmond (1RI) |
| CONSTRUCTION | Aluminum Siding, Vinyl Siding |
| HEAT | Natural Gas, None, Other, See Remarks |
| LOT | 1770619 acre(s) |
| LOT DIMENSIONS | 0.0 |
| PARKING | Parking Pad, See Remarks |
| SEWER | Public Sewer |
| SUBDIVISION | Old Towne |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Last Updated: 10/29/25 10:07 AM PDT
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