Available
$89,900(ARV: $105,000)86% of ARV

Richmond County, Augusta, GA 30907

2 bd2 ba972 sfBuilt 1976

28 days ago

Gross spread$15,100

Description

West Augusta / Stevens Creek corridor (30907) — turnkey cash flow from day one. ASKING: $89,900 — cash, as-is2 bed / 2 bath condo · 972 sqft · built 1976 · TENANT OCCUPIED THE TENANT IS THE DEAL:- Paying $930/mo — never late since 2022- Brand-new lease signed through July 2027- Lease + rent roll available on request- HOA covers ALL exterior maintenance — you own the inside, they handle the rest THE MATH:- $930/mo = $11,160/yr gross on $89.9K = 12.4% gross cap at ask- No make-ready cost — it's rented NOW- Interior updates (whenever the lease turns): ~$5-15K cosmetic SAME-COMPLEX SOLD COMPS (1017 Stevens Creek):- #J195 — 2/2, 972 sqft (exact floor plan) — SOLD $95,000- Unit F165 — 2/2, 900 sqft — SOLD $119,900- #G182 — 3/2 — SOLD $104,900 · Unit G185 — SOLD $100,000- Even the 1/1s trade $79-85K Buy it under the exact-match comp, collect $930/mo while the equity gap closes, retail it at lease-end if you want out. Title already open: Katz Durell LLC. EMD $2,500 to lock. Close on or before 8/28. Call/text for the lease, rent roll and walkthrough: Mauricio Roque Investor Club — [contact details hidden]

$/sqft vs market

This deal$92/sqft
Market median$147/sqft
Difference37% below

Median of 10 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms2
Bathrooms2
Square feet972
Lot size4,792 sf
Year built1976
ConditionLight Rehab
OccupancyTenant Occupied
ParkingUnassigned

Systems & condition

HeatingHeat pump
Air conditioningCentral AC
FoundationSlab
Foundation conditionGood

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing62
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