1938 Starnes Street, Augusta, GA 30904
Local realty services provided by:ERA Strother Real Estate
1938 Starnes Street,Augusta, GA 30904
$119,900
- 2 Beds
- 2 Baths
- 952 sq. ft.
- Multi-family
- Active
Listed by: wayne snyder
Office: auben realty, llc.
MLS#:550135
Source:NC_CCAR
Price summary
- Price:$119,900
- Price per sq. ft.:$125.95
About this home
Located in a desirable Harrisburg neighborhood on a block that is seeing considerable reinvestment and improvement. They are in close proximity to the Medical District and downtown. This rare four-property (1934, 1936, 1938 and 1940) investment portfolio on Starnes Street presents a strong value-add opportunity with significant income upside. All 4 properties have updated electrical panels, newer windows, vinyl siding, and three of the four homes feature newer roofs. The SFRs have long-term residents in place. The duplex, 1938 Starnes, is now vacant allowing for projected monthly gross income of 1,600+. This would provide a total gross income of 4,155 or higher for all 4 properties. The leases on each of the SFRs will expire by end of April, allowing for rent increases to further enhance returns. Offered at 389,600, this portfolio exceeds the 1% rule and provides a strategic opportunity to expand in a high-demand area experiencing growth.
This duplex features 2 units with 1 bedroom and 1 bath in each unit. It has been recently renovated with LVP flooring, updated PEX plumbing and completed foundation work that comes with a transferable warranty. One unit is currently vacant, and the other unit will soon be vacated. This will allow for expected gross rent of 1,600+ per month.
Property is being sold as-is with no warranties or disclosures....
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Home facts
- Year built:1921
- Listing ID #:550135
- Added:146 day(s) ago
- Updated:May 10, 2026 at 10:14 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:952 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1921
- Building area:952 sq. ft.
- Lot area:0.16 Acres
- Construction Materials:Aluminum Siding, Vinyl Siding
Schools
- High school:Richmond Academy
- Middle school:A R Johnson H.S.E.
- Elementary school:Monte Sano
Finances and disclosures
- Price:$119,900
- Price per sq. ft.:$125.95
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