$169,900

2237 Bungalow Road, Augusta, GA 30906, US

Summary

Bedrooms: 4
Full Baths: 2
Half Baths: 0
Style: Duplex
Sq Ft: 1400
Year Built: 1952

Moving Quotes

primary photo for 2237 Bungalow Road, Augusta, GA 30906, US

Remarks

This beautiful property is a turnkey, Housing Authority-approved duplex offering solid returns, low maintenance, and reliable tenants. Each unit features 2 bedrooms and 1 bathroom, making it an ideal setup for long-term rental income. This income-producing property brings in 1,880 dollars per month in rent (970 + 910). One unit has a brand-new 1-year lease; the other is month-to-month. Owner pays no utilities. Gross annual rent totals 22,560 dollars, with estimated yearly expenses (including taxes and insurance) at just 2,000 dollars. That results in a projected net operating income of 20,560 dollars and a strong 10.2% cap rate—a solid return for any investor. Both 700 sq ft units have been recently renovated and feature new HVAC systems and a new roof — minimizing future capital costs. Total building size is approximately 1,400 sq ft. Ideal for investors seeking strong, stable returns. This one checks all the boxes — renovated, fully leased, and cash flowing. Call now to view! This won't last long!

Details

MLS#: 545198
Price: $169,900

Style: Duplex
Bedrooms: 4
Baths Full: 2
Baths Half: 0
Sq Ft: 1400
Year Built: 1952

County: Richmond
Subdivision: Kendan Park

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Broker Contact

EXP Realty, LLC
Promenade II 1230 Peachtree St NE Suite 1900
Atlanta, GA, 30309
US
Kimberly Magee
! 404-281-6350
! mls.invoices@exprealty.com

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Greater Augusta Association of Realtors
Last updated: 2025-08-02T14:55:33.000Z.
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