Movoto Real Estate
Sold on 08/02/2022
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248 Broad St, Augusta, GA 30901

  • $1,449,000

    Last sold 08/02/2022 for $1.3M

  • 18

    bed

  • 16

    bath

  • 11,793

    Sqft ($110/Sqft)

Multi-family not for sale
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About 248 Broad St

Property type Multi-family
Neighborhood
Year built 1921
HOA fee $0/month
Lot size 0.69 Acre
Movoto estimate
Property description
Ride the wave of a resurgent downtown Augusta to higher investment returns with this landmark property! Broad Street Commons is located in the heart of Olde Town, a short walk from the Savannah River and many of the city's most dynamic employers, entertainment venues, restaurants and museums. Broad Street Commons is a handsome collection of five early 19th century homes containing 12 residential apartment units with shared off-street parking. Property includes 234, 238, 244, 246, & 248 Broad Street. The Commons have a strong history of high occupancy and increasing rents. Broad Street Commons was honored in 2016 with a Preservation Easement held by Historic Augusta, Inc. Over 20-years of increasing rents offering a great inflation hedge Continuously upgraded to maintain competitiveness in marketplace; Strong occupancy history; 1031 exchange ready; Seller has additional multifamily properties available nearby
Listed by
Listing Agent - Adelle Dennis
Listing Office - Rex Property & Land, LLC
Source: Hive MLS mls logo
MLS#500726 • last updated 2 months ago
Movoto checked Hive MLS for data 9 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Central Air
Heating Electric, Heat Pump, Natural Gas, See Remarks
MLS # 500726
SubType Multi Family
Status Closed
Lot Size (Acres) 0.69
Lot Size (SqFt) 30056.4
Year Built 1921
Interior
Total # of Bathrooms 16
# of Full Baths 16
Total # of Bedrooms 18
Exterior
Construction Other
Parking Parking Pad, See Remarks
Amenities / Utilities
Water Source Public
Location
Subdivision Old Towne
Community Features Bike Path, Boat Ramp, Park, Playground, Sidewalks, Walking Trail(s), Other, See Remarks
Elementary School Lamar
Middle School Hornsby WS
High School Lucy Laney
APN 472220000
Directions In The Heart Of Historic Olde Town On The Prominent Promenade Of Broad Street With Its Park-like Tree Lined Median
Multifamily Details
Total # of Units 12
$1.44M
Range: $1.33M-$1.56M
Last 30 days 
  • Aug 2022
    mls logo MLS # 500726
  • Aug 4, 2022 Sold
    $1,300,000
  • Aug 4, 2022 Sold
    $1,300,000 (-12.2%)
  • Jun 11, 2022 Pending
  • May 14, 2022 Active Contingency
  • Apr 14, 2022 Listed
    $1,480,000
  • Apr 14, 2022 Listed
    $1,480,000
  • 248 Broad St
    $1.3M
  • Old Town
    $255K +15% y/y
  • 30901
    $189K -2% y/y
  • Augusta
    $219K -2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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