602 3rd Street, Augusta, GA 30901 (MLS# 547793)

602 3rd Street, Augusta, GA 30901

$850,000
Property Type: Multi-Family Bedrooms: 6 Baths: 8 Square Footage: 5,978 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $850,000 List Date: 10/03/2025 Last Modified: 10/03/2025

Description

Now available is this mixed-use investment opportunity. 602 Third Street in Augusta, GA - where history meets opportunity! Nestled in the heart of downtown Augusta's vibrant Olde Town district, this mixed-use gem offers eight units of potential waiting to be unlocked. Constructed in 1911 and recently updates, this charming property boasts a prime corner location at Walker Street and Third Street, directly across from the iconic Thankful Baptist Church. Whether you're drawn to its historic allure or its promising investment potential, this property has something for everyone. The property has 4 apartments upstairs., with 2 leased and 2 vacant There are 3 downstairs commercial spaces with an upcoming vacancy at the end of the month, perfect for someone to add their business to this location! 608 Third Street is a furnished 2 bed and 2 bath home with a MTM lease in place for the next 2 months. It has been fully updated with a new master-suite that features a BRAND NEW BATHROOM with double closets. The house also now has a laundry room and is being sold furnished. Reach out for the rent roll! Trust me, your investors will like what they see on this new rent roll! With three street-facing commercial spaces and separate entrances for the upstairs apartments, versatility is the name of the game. Picture yourself strolling past the beautiful brick exterior, imagining the possibilities for these unique spaces. Plus, with street parking readily available, convenience is always at your doorstep. Inside, you'll find separately metered utilities and shared water, ensuring efficiency for both you and your tenants. The shared laundry room adds convenience, while the vacant residential units present a blank canvas for your vision. Invest in more than just property - invest in a thriving community. Located in a growing area, the value-add potential here is undeniable. Whether you're a seasoned investor or a first-time buyer, 602 Third Street offers the perfect blend of history, opportunity, and potential income. Please schedule showing and do not disturb tenants or businesses.

More Information MLS# 547793

Location, Tax & Legal

Parcel Number: 0474350010 Street #: 602 Street Name: 3rd Street Suffix: Street County: Richmond State: GA Zip Code: 30901 MLS Area Major/Quadrant: Richmond (2RI) Subdivision Name: Old Towne

General Property Info

Lot Size Acres: 0.17 Lot Size Dimensions: 0X0 Elementary School: Hornsby Middle School: Hornsby WS High School: Lucy Laney # Of Units Total: 8 Bathrooms Half: 0 Total SqFt: 5978 Living Area Source: Public Records List Price/Acres: 5000000 List Price/SqFt: 142.19 New Construction Y/N: No Bedrooms Total: 6 Bathrooms Total: 8 Bathrooms Full: 8 Year Built: 1911

Remarks & Misc

Directions: Located on the corner of 3rd Street and Walker Street, across from Thankful Baptist Church in Olde Town. Public Remarks: Now available is this mixed-use investment opportunity. 602 Third Street in Augusta, GA - where history meets opportunity! Nestled in the heart of downtown Augusta's vibrant Olde Town district, this mixed-use gem offers eight units of potential waiting to be unlocked. Constructed in 1911 and recently updates, this charming property boasts a prime corner location at Walker Street and Third Street, directly across from the iconic Thankful Baptist Church. Whether you're drawn to its historic allure or its promising investment potential, this property has something for everyone. The property has 4 apartments upstairs., with 2 leased and 2 vacant There are 3 downstairs commercial spaces with an upcoming vacancy at the end of the month, perfect for someone to add their business to this location! 608 Third Street is a furnished 2 bed and 2 bath home with a MTM lease in place for the next 2 months. It has been fully updated with a new master-suite that features a BRAND NEW BATHROOM with double closets. The house also now has a laundry room and is being sold furnished. Reach out for the rent roll! Trust me, your investors will like what they see on this new rent roll! With three street-facing commercial spaces and separate entrances for the upstairs apartments, versatility is the name of the game. Picture yourself strolling past the beautiful brick exterior, imagining the possibilities for these unique spaces. Plus, with street parking readily available, convenience is always at your doorstep. Inside, you'll find separately metered utilities and shared water, ensuring efficiency for both you and your tenants. The shared laundry room adds convenience, while the vacant residential units present a blank canvas for your vision. Invest in more than just property - invest in a thriving community. Located in a growing area, the value-add potential here is undeniable. Whether you're a seasoned investor or a first-time buyer, 602 Third Street offers the perfect blend of history, opportunity, and potential income. Please schedule showing and do not disturb tenants or businesses.

Unit 1 Details

Units #: A Rent: 1175 # Bedrooms: 1 # Full Baths: 1 SqFt: 622

Unit 1 Inclusions

Other: 1

Unit 2 Details

Units #: B Rent: 1175 # Bedrooms: 1 # Full Baths: 1 SqFt: 622

Unit 2 Inclusions

Other: 1

Unit 3 Details

Units #: C Rent: 0 # Bedrooms: 1 # Full Baths: 1 SqFt: 622

Unit 3 Inclusions

Other: 1

Unit 4 Details

Units #: D Rent: 0 # Bedrooms: 1 # Full Baths: 1 SqFt: 622

Unit 4 Inclusions

Other: 1

Unit 5 Details

Units #: 602 Rent: 1000 # Full Baths: 2 SqFt: 1000

Unit 5 Inclusions

Other: 1

Unit 6 Details

Unit #: 604 Rent: 1000 SqFt: 0

Unit 6 Inclusions

Other: 1

Unit 7 Details

Unit #: 606 Rent: 1000 # Full Baths: 1 SqFt: 650

Unit 7 Inclusions

Other: 1

Unit 8 Details

Unit #: 608 Rent: 2000 # Bedrooms: 2 # Full Baths: 1 SqFt: 912

Construction Materials

Brick: 1 Other: 1

Unit 8 Inclusions

Other: 1

Parking Features

Other: 1

Heating

Multiple Systems: 1

Cooling

Multiple Systems: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Owner Pays

Trash Collection: 1 Water: 1

Tenant Pays

All Utilities: 1

Community Features

Park: 1 Playground: 1 Sidewalks: 1 Street Lights: 1

Possession

Close Of Escrow: 1

Showing Requirements

Agent Must Accompany: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Special Listing Conditions

Not Applicable: 1

Contract Info

Property Sub Type: Multi Family List Price: $850,000 List Date: 2025-10-03 Status: Active Current Price: $850,000 Original List Price: 850000

Property Features

Unit 1 Inclusions: Other Unit 2 Inclusions: Other Unit 3 Inclusions: Other Unit 4 Inclusions: Other Unit 5 Inclusions: Other Unit 6 Inclusions: Other Unit 7 Inclusions: Other Unit 8 Inclusions: Other Construction Materials: Brick; Other Heating: Multiple Systems Cooling: Multiple Systems Water Source: Public Sewer: Public Sewer Owner Pays: Trash Collection; Water Tenant Pays: All Utilities Parking Features: Other Community Features: Park; Playground; Sidewalks; Street Lights Possession: Close Of Escrow Showing Requirements: Agent Must Accompany Listing Terms: 1031 Exchange; Cash; Conventional Special Listing Conditions: Not Applicable

Documents

Listing Office: Meybohm Commercial Properties
Listing Agent: Danielle Meikrantz
Last Updated: October - 03 - 2025
Information deemed reliable but not guaranteed.