1940 Starnes Street, Augusta, GA 30904
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyle Property Partners
1940 Starnes Street,Augusta, GA 30904
$88,900
- 2 Beds
- 1 Baths
- 952 sq. ft.
- Single family
- Active
Listed by: wayne snyder
Office: auben realty, llc.
MLS#:550134
Source:NC_CCAR
Price summary
- Price:$88,900
- Price per sq. ft.:$93.38
About this home
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....
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Home facts
- Year built:1921
- Listing ID #:550134
- Added:104 day(s) ago
- Updated:March 29, 2026 at 10:16 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:5
- Flooring:Laminate
- Kitchen Description:Range, Refrigerator
- Living area:952 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Electric, Space Heater
Structure and exterior
- Roof:Composition
- Year built:1921
- Building area:952 sq. ft.
- Lot area:0.16 Acres
- Architectural Style:Ranch
- Construction Materials:Aluminum Siding, Vinyl Siding
- Exterior Features:Covered
- Levels:1 Story
Schools
- High school:Richmond Academy
- Middle school:A R Johnson H.S.E.
- Elementary school:Monte Sano
Finances and disclosures
- Price:$88,900
- Price per sq. ft.:$93.38
Features and amenities
- Appliances:Range, Refrigerator
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