1. Georgia
2. Augusta
3. 1131 Merry Street

1131 Merry Street, Augusta, GA 30904

• 2 beds |
• 1 bath |
• 1,208 sqft

Property Description

Turnkey Investment! Tenant-Occupied Bungalow w/ 1200/mo Income & Lease Until Oct 2026 | Updated & Low Maintenance. 1131 Merry St presents a rare opportunity: A move-in-ready, fully updated 2-bedroom, 1-bath bungalow generating immediate, stable rental income at 1,200 per month. The current tenant is secured under a lease extending through October 2026, providing you with over 2 years of predictable cash flow from day one. This is a low-maintenance, high-appeal asset: • Financially Strong: Immediate 1,200/month rental income locked in until late 2026. • Modern & Durable: Enjoy peace of mind with a 5-year-old 30-year roof, fresh paint, new windows, updated cabinets, granite countertops, and stainless steel appliances. Hardwood floors throughout add lasting value. • Tenant-Friendly Features: The screened-in front porch and spacious, fully fenced yard enhance tenant satisfaction and retention. An additional storage building adds utility. • Move-In Ready: Zero renovation needed - your passive income stream starts immediately upon closing. Maximize Your Leverage: We can even assist qualified investors in leveraging this property's strong rental income to secure funding. Don't miss this ideal ''hands-off'' investment: Strong current cash flow, a quality updated property, and a lease providing stability. Ideal for building your portfolio. Act Now! Schedule a viewing & review current lease details: BRING ALL SERIOUS OFFERS!

Listing Status:

Active

Date Added:

August 4, 2025 at 05:00AM

Listing Office:

Covenant Realtors, LLC : 706-910-2999

Listing Agent:

Alettia Rucker : 706-910-2999

MLS ID:

545358

Location

• County: Richmond

This listing courtesy of Alettia Rucker, Covenant Realtors, LLC