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$660,000
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Property Description
Now available is this mixed-use investment opportunity. 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., with 2 leased and 2 vacant There are 3 downstairs commercial spaces with an upcoming vacancy at the end of the month, perfect for someone to add their business to this location! 608 Third Street is a furnished 2 bed and 2 bath home with a MTM lease in place for the next 2 months. It 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. Please schedule showing and do not disturb tenants or businesses.
Full Property Details
Full Property Details for 602 3rd St
General
- Sold For: $660,000
- Status: Closed
- Type: Multi-Family
- Source: 2253
- MLS ID: 547793
- Added to Site: 182 day(s) ago
Rental Information
- Complex Features: Park, Playground, Sidewalks, Street Lights
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Other
Location
- Area: Richmond (2RI)
- County: Richmond
- Subdivision: Old Towne
- Driving Directions: Located on the corner of 3rd Street and Walker Street, across from Thankful Baptist Church in Olde Town.
School Information
- Elementary School: Hornsby
- Middle School: Hornsby WS
- High School: Lucy Laney
Heating & Cooling
- Cooling Type: Multiple Systems
- Heating Type: Multiple Systems
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Other
- Square Feet: 5,978
- Sq. Ft. Source: Public Records
- Year Built: 1911
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405.2
- Lot Dimensions: 0 x 0
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $142.19
- Price Per Acre: $5,000,000
- Terms: 1031 Exchange, Cash, Conventional
- Owner Pays: Trash Collection, Water
- Tenant Pays: All Utilities
Disclosures and Reports
- Property ID: 474350010
Listed and Sold by Meybohm Commercial Properties, Danielle Meikrantz
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Schools
Schools serving 602 3rd St
School District:Richmond County School District
| Name | Grades | Distance |
|---|---|---|
W.S. Hornsby K-8 School 310 Kentucky Avenue, Augusta, GA 30901 | 6-8 | 1.2 mi |
Laney High School 1339 Laney Walker Boulevard, Augusta, GA 30901 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 602 3rd St
Date
Details
Price
Change
Source
3/26/2026
Sold
$660,000
-22.35%
MLS
10/03/2025
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
602 3rd Street, Augusta, GA 30901 (MLS# 547793) is a Multi-Family property that was sold at $660,000 on March 26, 2026. Want to learn more about 602 3rd Street? Do you have questions about finding other Multi-Family real estate for sale in Augusta? You can browse all Augusta real estate or contact a Coldwell Banker agent to request more information.
