1501 Conklin Lane Augusta, GA $ 1,250,000
1501 Conklin Lane
$ 1,250,000
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1501 Conklin Lane

Augusta, GA, 30901
$ 1,250,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,633

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Commercial Property for sale in Augusta, GA

for $1,250,000. This building was built in 1940 on a lot size of 1.

An exceptional opportunity to acquire a 15-property single- family residential rental portfolio strategically located within Augusta's revitalization zone and along the path of downtown growth. The portfolio includes 7 Section 8 rentals and 5 non-Section 8 rentals, providing established rental income with additional upside through rent stabilization and income optimization across all 15 properties. This unique build-to-rent investment presents the opportunity to construct up to 8 additional homes, offering significant potential for future expansion and increased rental income. The portfolio is stabilized and owner-managed, with the current property management willing to remain in place through the transaction, providing a seamless transition for the new owner. Recent improvements include roofs approximately 3 years old with split-unit systems providing heating and air, updated electrical systems, and various cosmetic enhancements. With its strategic location, established rental income, and substantial development potential, this portfolio offers investors an exciting opportunity to capitalize on Augusta's continued downtown revitalization and long-term growth. Financials, rent roll, and a detailed list of property improvements are available to serious investors upon request.

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Commercial Active

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 4,735

Style

Multi Family

Lot Size

1

Year Built

1940

Town/City

Augusta

County/Region

Richmond

MLS | Web ID

100613731

Features
General
Heating Wall Furnace Electric Forced Air
Cooling Other
Possession Close Of Escrow At Closing
Zoning R3
Construction Materials Block Brick Vinyl Siding
Year Built 1940
Property Subtype Multi Family
Tax Year 2025
Current Use Single Family
Taxes 4735.87
Location Residential
Parcel Number 0591331000
County Richmond
Net Operating Income 119.0
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) Y
HOA N
Attached Garage N
Subdivision Name Bethleham
Garage Y/N N
Status Active
Directions Heading East on Wrightsboro Rd. Turn South on Anderson Ave. property is on the left; on the corner of Conklin Ln and Anderson Ave.
City Augusta
Number Of Units Total 15
Lot Size Units Acres
Lot Size Square Feet 43560.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Standard Status Active
Tax Assessed Value 171118
Cap Rate 9.0
Legal Description N/A
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Exterior
Exterior Finish Brick Vinyl Siding
Parking Features Other
Water Source Public
Lot Size Area 1.0
Spa N
Building Area Total 6288.0
Lot Dimensions 195' X 176'
Lot Size Acres 1.0
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
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Interior
Water Heater Electric
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 0
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Internal Only
Street Number 1 1501
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* Excluded Features
List By
Dominique De Cedrico Barabino

Listing Agent

Real Broker, Llc

Broker

dominique@barabinoassociates.com

Email

Affordability Calculator

$9,028
Per Month
96%
4%
0%
Monthly Principal & Interest
$8,633
Monthly Property Taxes
$395
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2026$1,250,000 Listed Price

Map


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1501 Conklin Lane, Augusta, GA, 30901 is a Commercial Property for sale at $1,250,000 with a lot size of 1. 1501 Conklin Lane was built in 1940. The property's zip code is 30901 which is in Augusta, GA