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
Overview
Description
...
(Read more)
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
Listing Details MLS# 536050
Location, Tax & Legal
- Street #
- 1116 1118
- Street Name
- MILLEDGE ROAD
- County
- Richmond
- State
- GA
- Zip Code
- 30904
- MLS Area Major/Quadrant
- Richmond (1RI)
- Subdivision Name
- Summerville
- Parcel Number
- 0442108000
Contract Info
- Property Sub Type
- Multi Family
- Original List Price
- 2340000
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
- Bedrooms Total
- 10
- Bathrooms Total
- 8
- Bathrooms Full
- 7
- Bathrooms Half
- Yes
- Total SqFt
- 6436
- Living Area Source
- Public Records
- Year Built
- 1916
- List Price/Acres
- 4749750
- List Price/SqFt
- 295.2
- New Construction Y/N
- No
Status Change Info
- Pending Date
- 2025-04-01
- Closed Date
- 2025-05-16
- Sold Price/ Acres
- 4187500
- Sold Price/SqFt
- 260.25
Unit 1 Details
- Units #
- 2
- Rent
- 45002583
- # Bedrooms
- 4
- # Full Baths
- 3
- # Half Baths
- Yes
- SqFt
- 2434
Unit 2 Details
- Units #
- 2
- Rent
- 73002583
- # Bedrooms
- 6
- # Full Baths
- 4
- SqFt
- 4002
More Information
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
Unit 1 Inclusions
- Dishwasher
- Yes
- Disposal
- Yes
- Electric Dryer Hookup
- Yes
- Microwave
- Yes
- Range
- Yes
Unit 2 Inclusions
- Dishwasher
- Yes
- Electric Dryer Hookup
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Washer Hookup
- Yes
Parking Features
- Parking Pad
- Yes
Water Source
- Public
- Yes
Community Features
- Street Lights
- Yes
Possession
- Close Of Escrow
- Yes
Showing Requirements
- Agent Must Accompany
- Yes
- See Remarks
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Conventional
- Yes
- FHA
- Yes
Special Listing Conditions
- Not Applicable
- Yes
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.
