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For sale
  • $150,000

    1131 Merry St, Augusta, GA 30904

    2beds
    1,208sqft
    : 
    Single Family Residence, Residential
    Built in 1940
    -- sqft lot
    $184,300 Zestimate®
    $124/sqft
    $-- HOA

    What's special

    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!
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    Zillow last checked: 7 hours ago

    Listing updated: 10 hours ago

    Listed by:

    Alettia Rucker 706-910-2999,

    Covenant Realtors, LLC

    Source: REALTORS® of Greater Augusta,MLS#: 545358MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1131 Merry St.

    Next available tour time:Today at 6:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Bedroom 2
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Primary bathroom
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10 x 10
    Dining room
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13 x 10
    Kitchen
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10 x 10
    Laundry
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10 x 10
    Living room
    • Level: Main
    • Area: 150 Square Feet
    • Dimensions: 15 x 10
    Interior area
    • Total structure area: 1,208
    • Total interior livable area: 1,208 sqft

    Property

    Details
    • Parcel number: 0451182000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Condition
    • Year built: 1940

    Community & HOA

    Community
    • Subdivision: None-1ri
    Location
    • Region: Augusta

    Financial & listing details

    • Price per square foot: $124/sqft
    • Tax assessed value: $137,830
    • Annual tax amount: $762
    • Date on market: 8/4/2025
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