Historic Multi-Family in Downtown Augusta

256, 258, 260 Greene St Augusta, GA 30901

256, 258, 260 Greene St, Augusta, GA, 30901
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,600,000
Last Verified:
Jul 02, 2024

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Highlights

  • Sale Price: $1,600,000 | $114K/Unit
  • All Units Completely Renovated in 2022/2023
  • Unit Mix: 7, 1Bd/1Ba | 6, 2Bd/1BA | 1, 2Bd/2BA
  • Premium Location in Downtown Augusta, GA

Description

Meybohm Commercial is proud to exclusively present a piece of Olde Town history nestled in downtown Augusta, now available for sale at $1,600,000. This renovated multi-family property is a rare gem and one of the most well-known landmarks on Greene Street.

All units are individually metered for electric and gas, ensuring tenant flexibility. Each building shares a water meter, simplifying management. The property includes a dedicated maintenance building for storage and upkeep, laundry facilities for tenant convenience, off-street parking for hassle-free access, and separate entrances for each unit to ensure privacy.

Built in 1886, 256, 258, and 260 Greene Street are renowned for their iconic colors that highlight the details and character of the “second empire” architecture style of the late 1880s. This property features 14 updated and renovated units, offering modern comforts while preserving their historic charm. Of the 14 units, 7 are currently occupied, providing a promising investment opportunity in downtown Augusta's rental market.

Own a piece of Augusta's history and join the thriving community in Olde Town. Schedule your viewing of the iconic 3 Sisters today and explore the endless possibilities within its storied walls.

Located on the 200 block of Greene Street in the historic Olde Town neighborhood of downtown Augusta. From Washington Road, head east towards downtown Augusta, continue onto Calhoun Expressway, which turns into Greene Street. Continue for 10 blocks to reach the 200 block of Greene Street. The iconic “3 Sisters” will be on the right at 256, 258, and 260 Greene Street.

Please note there is ongoing road construction in the area due to city updates on lighting, sidewalks, and drainage maintenance, but the property remains accessible.

This property is ideally situated a couple of blocks from the Savannah River, 2 minutes from the Central Business District, and 10 blocks from the Cyber Center. It is also within a short bike ride from Augusta University/Medical College of Georgia and the medical district. Additionally, it is 20 minutes from Fort Gordon and conveniently located along the route to Augusta National Golf Club. This prime location makes it an excellent investment opportunity.


Year Built: 1886
Building Size: 8565sq ft
Lot Size: 0.39 acres


Documents

Three Sisters OM Rev.pdf

Map of 256, 258, 260 Greene St, Augusta, GA, 30901

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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