1131 Merry Street, Augusta, GA 30904
Local realty services provided by:ERA Wilder Realty
1131 Merry Street,Augusta, GA 30904
$150,000
- 2 Beds
- 1 Baths
- 1,208 sq. ft.
- Single family
- Active
Listed by:alettia rucker
Office:covenant realtors, llc.
MLS#:545358
Source:GA_GAAR
Price summary
- Price:$150,000
- Price per sq. ft.:$124.17
About this home
Turnkey Investment! Tenant-Occupied Bungalow w/ 1200/mo Income & Lease Until Oct 2026 | Updated & Low Maintenance.
1131 Merry St presents a rare opportunity: A move-in-ready, fully updated 2-bedroom, 1-bath bungalow generating immediate, stable rental income at 1,200 per month. The current tenant is secured under a lease extending through October 2026, providing you with over 2 years of predictable cash flow from day one.
This is a low-maintenance, high-appeal asset:
• Financially Strong: Immediate 1,200/month rental income locked in until late 2026.
• Modern & Durable: Enjoy peace of mind with a 5-year-old 30-year roof, fresh paint, new windows, updated cabinets, granite countertops, and stainless steel appliances. Hardwood floors throughout add lasting value.
• Tenant-Friendly Features: The screened-in front porch and spacious, fully fenced yard enhance tenant satisfaction and retention. An additional storage building adds utility.
• Move-In Ready: Zero renovation needed - your passive income stream starts immediately upon closing.
Maximize Your Leverage: We can even assist qualified investors in leveraging this property's strong rental income to secure funding.
Don't miss this ideal ''hands-off'' investment: Strong current cash flow, a quality updated property, and a lease providing stability. Ideal for building your portfolio.
Act Now! Schedule a viewing & review current lease details:
BRING ALL SERIOUS OFFERS!
Contact an agent
Home facts
- Year built:1940
- Listing Id #:545358
- Added:10 day(s) ago
- Updated:August 04, 2025 at 05:36 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,208 sq. ft.
Structure and exterior
- Year built:1940
- Building area:1,208 sq. ft.
Finances and disclosures
- Price:$150,000
- Price per sq. ft.:$124.17
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