$10,000

closing credit¹

602 3rd St Augusta, GA 30901

$1,000,000
6 beds
8 full
0.2 acres
Multi-Family

Property details

About 602 3rd St

NEW RENTS, UPDATES & MORE.... Back on the market in 2025 and there have been updates to the rent numbers and property. Welcome to 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 that are now FULLY LEASED. The downstairs commercial spaces are FULLY LEASED! And a MTM lease is being signed on the house at 608 Third Street that 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. Don't miss your chance to be part of Augusta's rich tapestry - seize the opportunity at 602 Third Street today. Please schedule showing and do not disturb tenants or businesses.

Highlights

Home typeMulti Family
StatusActive
Lot size0.17 Acres
Year built1911
ParkingOther
MLS #537079

Summary

  • MLS Number: 537079
  • MLS Name: AugustaGA
  • Office Name: Meybohm Commercial Properties
  • Office Email: jchambers@meybohm.com
  • Listing Agent: Danielle Meikrantz

Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 3:15:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front facade

$1,000,000

602 3rd St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 17, 2024
Home Sold
$169,000

Tax history

YearAssessmentProperty Tax
2024$290,922$-
2023$35,064$2,347
2021$103,088$5,673
2020$20,292$2,019
2018$20,292$1,965
2017$211,683$4,251

History based on county public records data.

Nearby schools

2

W. S. Hornsby Elementary School

Public District PK-5

1.2 mi

310 Kentucky Ave

4

North Augusta Elementary School

Public District PK-5

1.9 mi

400 E Spring Grove Ave

4

Lamar-Milledge Elementary School

Public District PK-5

2.6 mi

510 Eve St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $18,980. Typical income of Augusta, GA residents is less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

75%
<35k
22%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

66%
Single, No Kids
21%
Single, with Kids
7%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
5%
12-17 yrs old
33%
18-34 yrs old
42%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Cicis PizzaCicis Pizza
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • PontiacPontiac
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 602 3rd St in Augusta, GA and zip code 30901. Features: 6 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $1,000,000.

In December 2024, from all listings sold in Augusta, GA there were more than 27 sold above asking price, over 63 sold below and more than 32 were sold right at the asked price. In December 2024 in Augusta, GA there were 1.3% less homes for sale than in November. While the average time on the market in December 2024 was 62 days, the median list price was $220,024.

From Rocket Homes Real Estate and based on county public records data.

More resources