1. Georgia
  2. Augusta
  3. 2237 Bungalow Road
$169,900

2237 Bungalow Road, Augusta, GA 30906

  • Property Icon Duplex
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon10,454sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

This beautiful property is a turnkey, Housing Authority-approved duplex offering solid returns, low maintenance, and reliable tenants. Each unit features 2 bedrooms and 1 bathroom, making it an ideal setup for long-term rental income. This income-producing property brings in 1,880 dollars per month in rent (970 + 910). One unit has a brand-new 1-year lease; the other is month-to-month. Owner pays no utilities. Gross annual rent totals 22,560 dollars, with estimated yearly expenses (including taxes and insurance) at just 2,000 dollars. That results in a projected net operating income of 20,560 dollars and a strong 10.2% cap rate—a solid return for any investor. Both 700 sq ft units have been recently renovated and feature new HVAC systems and a new roof — minimizing future capital costs. Total building size is approximately 1,400 sq ft. Ideal for investors seeking strong, stable returns. This one checks all the boxes — renovated, fully leased, and cash flowing. Call now to view! This won't last long!

Listing Status:
Active
Date Added:
July 31, 2025 at 05:00AM
Listing Office:
eXp Realty - Columbia : 888-440-2798
MLS ID:
218759
  • General: Ceiling Fan(s)Cable Available
  • Laundry: Washer Hookup
  • Basement: None
  • Flooring: Vinyl
  • A/C: Central AirElectric
  • Heating: Electric
  • Disability Feature: None

This listing courtesy of eXp Realty - Columbia

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Wilkinson Gardens Elementary School

1925 Kratha Dr, Augusta, GA, 30906

Grades PK-5

1.04 miles away

M

Murphey Middle School

1701 15th St, Augusta, GA, 30901

Grades 6-8

1.93 miles away

B

Butler High School

2011 Lumpkin Rd, Augusta, GA, 30906

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.