Prime Investment Opportunity: This charming Victorian quadruplex in Augusta's Olde Town offers a unique chance to own a piece of history while building your real estate portfolio.
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<a href="https://www.homes.com/property/355-telfair-st-augusta-ga/l4hmw8n066etx/" target="_blank">View property on homes.com<img class="prop-btn-vec" src="https://bucket.ywhdev.com/wl/?id=rWbNAf6NkPwAmR1lGr4xhlmds36PSHf8&fmode=open"/></a>
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This home is listed by Adelle Dennis at Rex property and Land </p>
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<p class="sec-txt-bld">Projected annual rent:</p>
<p>$60,000</p>
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<div class="sec3-head">Operating Expenses</div>
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<p class="sec-txt">Property Tax:</p>
<p>$2,575</p>
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<p class="sec-txt">Insurance:</p>
<p>$4,700</p>
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<p class="sec-txt">Regular Maintenance:</p>
<p>$3,200</p>
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<p class="sec-txt">Reserves for Replacement:</p>
<p>$2,100</p>
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<p class="sec-txt">Annual Expenses:</p>
<p>$4,470</p>
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<p class="sec-txt">Net Operating Income:</p>
<p>$45,000</p>
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<p class="sec-txt">CAP Rate:</p>
<p>5.82%</p>
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<p class="sec-txt-bld">What Sets It Apart</p>
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What Sets It Apart: Located in an Opportunity Zone, the property may qualify for historic preservation tax credits and favorable financing options. With four large apartment suites, each featuring kitchens and bathrooms, and one unit already leased month-to-month, it's a value-add project with redevelopment potential. The property is within walking distance of the Savannah River, dynamic employers, and top entertainment spots.

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<p class="sec-txt-bld">Investment Highlights</p>
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Investment Highlights: Estimated annual rental income is $60,000–$65,000, with a projected 7-8% cap rate. 1031 exchange ready with potential tax benefits from historic preservation easements, this property is a prime cash flow and appreciation opportunity.
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