1940 Starnes St, Augusta, GA 30904

$78,879
2
BD
1
BA
952
SqFt

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Sold Price
$78,879
List Price
$82,900
Status
CLOSED
MLS#
98251592
Closing Date
Jul 10, 2026
Property Type
Single Family Residence
Bedrooms
2
Full Baths
1
Lot Size
6,970
Year Built
1921

Property Description

Located in a desirable Harrisburg neighborhood on a block that is seeing considerable reinvestment and improvement. They are in close proximity to the Medical District and downtown. This rare four-property (1934, 1936, 1938 and 1940) investment portfolio on Starnes Street presents a strong value-add opportunity with significant income upside. All 4 properties have updated electrical panels, newer windows, vinyl siding, and three of the four homes feature newer roofs. The SFRs have long-term residents in place. The duplex is being vacated allowing for projected gross income of 4,155 or higher. The leases on each of the SFRs will expire by end of April, allowing for rent increases to further enhance returns. Offered at 389,600, this portfolio exceeds the 1% rule and provides a strategic opportunity to expand in a high-demand area experiencing growth. This 2-bedroom, 1-bath home is currently leased at 890 per month through March 2026. In addition to the upgrades mentioned above, this house also has a newer HVAC. Property is being sold as-is with no warranties or disclosures; tenant in place and no showings until under contract.

Additional Information

Elementary School
Monte Sano
Middle School
A R Johnson H.S.E.
High School
Richmond Academy
Foundation
Other, Pilings
Levels
One
Possession
Close Of Escrow, At Closing
County
Richmond
Neighborhood
Harrisburg
Project/Section
Harrisburg
Acres
0.16
Amenities
Sidewalks, Street Lights
Heating
Space Heater, Electric
Listing Courtesy Of
Auben Realty, LLC

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Listing courtesy of Listing Agent: Wayne Snyder () from Listing Office: Auben Realty, LLC.

Selling Office: Auben Realty, LLC.

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