1116 1118 MILLEDGE ROAD, Augusta, GA 30904
$1,675,000
Property Type:
Multi-Family
Bedrooms:
10
Baths:
8
Square Footage:
6,436
Lot Size (sq. ft.):
17,424
Status:
Closed
Current Price:
$1,675,000
List Date:
2/03/2025
Last Modified:
5/16/2025
Description
Rare Opportunity to own 2 Beautiful Historic Duplex Homes in Beautiful Summerville in Augusta ! They have undergone a total renovation down to the studs with Attention to all details to retain their Historic Charm. A total of 10 bedrooms and 7 and 1/2 Bathrooms. 10 foot ceilings and expansive feel throughout, All of the units are Impeccably Furnished and Decorated. New Roofs, All New Custom Kitchens with all wood cabinets and granite countertops., High end appliances, Fabulous Hardwood floors throughout ,All New Plumbing, Electrical , and HVACs , All bathrooms have been redone with custom tiles, All new insulated windows with the exception of a few windows which have remained for their historic significance . Exterior walls and roofs are spray foamed for superior insulation for comfort and noise.
New Stackable washers and dryers , tankless water heaters, New Doors
Incredible large custom deck on the rear of 1116 building with large shady tree emerging in the center.
Relax on the beautiful porches which are on all units.
New manicured Driveway designed to impress that runs from street to rear of properties with parking pads in front to property to host 4 cars and ample parking in rear.
New sprinkler system for shrubbery and Grass
These two historic duplexes are nestled amongst all of the fabulous homes that line Milledge Road.
Property is ideally located a few blocks from Augusta University, Some of Augusta best Restaurants, 1 mile from Augusta Country Club and just a short distance from Augusta National Golf Club
All are income producing with Masters rentals in place to add to income. Current rents on 3 bedroom units 3800, 3500
2 bedroom units 2500, 2000
Current total masters rental appx 65,000 for the week .Rate of return Appx 9.3%
So many options with these properties.
Excellent Masters Hospitality House Potential.
Luxury Short Term, Long Term , Air BNB
Or chose one of the charming units as your personal home in this ideal location in Augusta and have the others units generating income !!
Augusta is home to the Masters Golf, Tournament, Georgia Cyber Center , Fort Eisenhower, Augusta Universities /Hospital and countless other major industries
More Information MLS# 536050
Location, Tax & Legal
Parcel Number: 0442108000
Street #: 1116 1118
Street Name: MILLEDGE ROAD
County: Richmond
State: GA
Zip Code: 30904
MLS Area Major/Quadrant: Richmond (1RI)
Subdivision Name: Summerville
General Property Info
Lot Size Acres: 0.4
Lot Size Dimensions: 50 x 165, 50 x164.79
Elementary School: Monte Sano
Middle School: Langford
High School: Richmond Academy
# Of Units Total: 2
Bathrooms Half: 1
Total SqFt: 6436
Living Area Source: Public Records
List Price/Acres: 4749750
List Price/SqFt: 295.2
New Construction Y/N: No
Bedrooms Total: 10
Bathrooms Total: 8
Bathrooms Full: 7
Year Built: 1916
Remarks & Misc
Directions: From Walton Way heading towards downtown Augusta turn right on Milledge Road , The two homes will be on the left before reaching Central Avenue
Public Remarks: Rare Opportunity to own 2 Beautiful Historic Duplex Homes in Beautiful Summerville in Augusta ! They have undergone a total renovation down to the studs with Attention to all details to retain their Historic Charm. A total of 10 bedrooms and 7 and 1/2 Bathrooms. 10 foot ceilings and expansive feel throughout, All of the units are Impeccably Furnished and Decorated. New Roofs, All New Custom Kitchens with all wood cabinets and granite countertops., High end appliances, Fabulous Hardwood floors throughout ,All New Plumbing, Electrical , and HVACs , All bathrooms have been redone with custom tiles, All new insulated windows with the exception of a few windows which have remained for their historic significance . Exterior walls and roofs are spray foamed for superior insulation for comfort and noise.
New Stackable washers and dryers , tankless water heaters, New Doors
Incredible large custom deck on the rear of 1116 building with large shady tree emerging in the center.
Relax on the beautiful porches which are on all units.
New manicured Driveway designed to impress that runs from street to rear of properties with parking pads in front to property to host 4 cars and ample parking in rear.
New sprinkler system for shrubbery and Grass
These two historic duplexes are nestled amongst all of the fabulous homes that line Milledge Road.
Property is ideally located a few blocks from Augusta University, Some of Augusta best Restaurants, 1 mile from Augusta Country Club and just a short distance from Augusta National Golf Club
All are income producing with Masters rentals in place to add to income. Current rents on 3 bedroom units 3800, 3500
2 bedroom units 2500, 2000
Current total masters rental appx 65,000 for the week .Rate of return Appx 9.3%
So many options with these properties.
Excellent Masters Hospitality House Potential.
Luxury Short Term, Long Term , Air BNB
Or chose one of the charming units as your personal home in this ideal location in Augusta and have the others units generating income !!
Augusta is home to the Masters Golf, Tournament, Georgia Cyber Center , Fort Eisenhower, Augusta Universities /Hospital and countless other major industries
Status Change Info
Sold Price/ Acres: 4187500
Sold Price/SqFt: 260.25
Pending Date: 2025-04-01
Sold Price: $1,675,000
Closed Date: 2025-05-16
Unit 1 Details
Units #: 2
Rent: 45002583
# Bedrooms: 4
# Full Baths: 3
# Half Baths: 1
SqFt: 2434
Unit 1 Inclusions
Dishwasher: 1
Disposal: 1
Electric Dryer Hookup: 1
Microwave: 1
Range: 1
Unit 2 Details
Units #: 2
Rent: 73002583
# Bedrooms: 6
# Full Baths: 4
SqFt: 4002
Unit 2 Inclusions
Dishwasher: 1
Electric Dryer Hookup: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer Hookup: 1
Parking Features
Parking Pad: 1
Water Source
Public: 1
Community Features
Street Lights: 1
Possession
Close Of Escrow: 1
Showing Requirements
Agent Must Accompany: 1
See Remarks: 1
Listing Terms
1031 Exchange: 1
Conventional: 1
FHA: 1
Special Listing Conditions
Not Applicable: 1
Contract Info
Property Sub Type: Multi Family
Sold Price: $1,675,000
List Date: 2024-12-01
Status: Closed
Current Price: $1,675,000
Original List Price: 2340000
Property Features
Unit 1 Inclusions: Dishwasher; Disposal; Electric Dryer Hookup; Microwave; Range
Unit 2 Inclusions: Dishwasher; Electric Dryer Hookup; Microwave; Range; Refrigerator; Washer Hookup
Water Source: Public
Parking Features: Parking Pad
Community Features: Street Lights
Possession: Close Of Escrow
Showing Requirements: Agent Must Accompany; See Remarks
Listing Terms: 1031 Exchange; Conventional; FHA
Special Listing Conditions: Not Applicable
Listing Office:
Auben Realty, LLC
Listing Agent:
Terri Richards
Last Updated: May - 16 - 2025
Information deemed reliable but not guaranteed.
