212 Ellis St, Augusta, GA 30901

Meybohm Commercial is proud to exclusively present this historic duplex and quadplex for sale in Augusta, Georgia. Recently updated, this property currently has 5 vacant units that are actively being marketed for rent at current market rates by Downtown Augusta Rentals. This means the potential buyer will have leases that are at or close to market with one currently in a two year lease. With an ever growing medical district and business growth on Broad Street, this location will only continue to become more attractive to renters and investors. Its close proximity to the medical district which includes hospitals and Augusta University which consist of a medical college, dental college, nursing school, and a cyber security program, offers plenty of potential young renters that will be looking to be in close proximity to their school and place of work.

Meybohm Commercial is proud to present this 6-unit complex in Historic Olde Town. Fully occupied and consisting of 212 and 214 Ellis Street, and sharing a common parking lot. Gross Rents are $3,544 per month. Current tenants are stable and repositioning presents a huge value-add opportunity as rents have skyrocketed in Historic Olde Town due to relocation of Army Cyber Operations at Fort Gordon and overall gentrification in the neighborhood.