Investment Opportunity | Furnished Rental - Mid-term or Short-term Rental

2715 Hazel Street Augusta, GA 30909

2715 Hazel Street, Augusta, GA, 30909
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FOR SALE
Property Type:
Other Special Purpose
Amount:
$272,000
Last Verified:
Jun 04, 2024

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Highlights

  • Updated in 2023
  • Masters rental history
  • Furnished mid-term, short term rental
  • New roof in 2023
  • Granite in kitchen
  • Gas stove
  • Laundry on site

Description

Meybohm Commercial is proud to welcome you to 2715 Hazel Street, your next REAL ESTATE INVESTMENT opportunity in Augusta, Georgia! This recently renovated home offers a spacious 2,436 square feet of living space. Hazel Street is a 4 bedrooms and 2 full baths brick home with 2 beds and 2 full baths on the 1st floor and the other 2 below in the fully finished basement. Conveniently located between Wheeler Rd and Walton Way, close to the sought after Summerville Neighborhood and less than 2 miles to the Augusta National, Washington Road or just 5-7 minutes to Downtown Augusta, this property is in the RIGHT LOCATION for everyone! With a new roof installed in 2023 and fresh paint adorning both the interior and exterior, this home presents a solid foundation ready for its next chapter. From the front door you will fine one of the two large living spaces with hardwood floors that allow for lots of versatility. The kitchen is equipped with practical amenities including a gas stove, stainless steel appliances, and granite countertops, and plenty of cabinets, ensuring functionality without sacrificing style. The space and layout of this home are, designed for versatility, with 2 bedrooms and a full bath conveniently located on the main floor, while the finished basement offers an additional 2 bedrooms, a full bath, laundry facilities, and an extra entrance, catering to various living arrangements or rental opportunities. You really need to check it out to see the endless possibilities as an investment. Outside, a carport provides covered parking, while the fenced yard with a storage shed adds practicality and storage space, or space for pets, gardening and more. Whether you're looking for a new home, a seasoned investor seeking a promising addition to your portfolio or a new investor looking to start your journey in real estate, this property offers excellent potential. Utilize it as a furnished rental, house hack, or simply as a comfortable home for your family - the choice is yours. I know you are thinking, well what about Masters potential? Yes, this home has a great rental history for Masters guests and was fully leased this year. Home is being sold as-is and priced without the furnishings, but seller is open to discussing selling fully furnished. And speaking of potential, there are 2 rooms off the carport that have potential for additional updates to happen and become part of the home, use as a gym, office or whatever you imagine.

Overall for 2024, Hazel Street has been at about a 56% occupancy each month and has brought in around $3,000 net per month minus some of the utilities, landscaping and other things the owner pays.

2715 Hazel Street is a great opportunity with its updated features and prime location, it's poised to deliver returns for years to come. Don't wait - make your move and unlock the potential of this fantastic opportunity today! Agents, feel free to reach out if showing calendar is blocked, we can get a viewing set up with notice!

From Walton Way Ext, head onto Wheeler Rd. Continue on Wheeler Rd for 2.2 miles. Turn left onto Eve St. After a short distance, turn left again onto Hazel St. Continue on Hazel St for about 0.3 miles. Home will be on your left. From Washington Rd, head to Berkman Rd. Take Berkman Rd to traffic circle, continue to Highland Ave and through light. Turn RIght onto Hazel St. Home will be on RIGHT.


Year Built: 1955
Building Size: 2436sq ft
Lot Size: 0.22 acres


Documents

2715 Hazel St Floor Plan.jpg

Map of 2715 Hazel Street, Augusta, GA, 30909

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What are Real Estate Incentives?

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."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.