2237 Bungalow Rd, Augusta GA 30906

💸 Invest in Augusta: Turnkey Duplex with Reliable Tenants & 10.2% Cap Rate!

If you've been thinking about getting into real estate investing—or expanding your portfolio with a low-maintenance, cash-flowing property—2237 Bungalow Road in Augusta, GA might be the opportunity you've been waiting for.

This fully renovated duplex is not only Housing Authority-approved, but it’s also producing $1,880/month in rent with minimal expenses and no utilities paid by the owner. Whether you're an experienced investor or a first-time buyer looking to live in one unit and rent out the other, this property makes the numbers work.

🔑 Why Real Estate Investing Makes Sense

Real estate is one of the most proven ways to build long-term wealth. With the right property, you can:

✅ Generate passive income

✅ Benefit from property appreciation over time

✅ Enjoy tax advantages like depreciation and expense deductions

✅ Build equity every month your tenants pay rent

And unlike stocks or crypto, real estate offers something tangible—an asset you can see, touch, improve, and leverage.

2237 Bungalow Road is a perfect example of a property that does exactly that:

•Gross annual rent: $22,560

•Estimated annual expenses: $2,000 (taxes + insurance)

•Projected Net Operating Income: $20,560

•Cap Rate: 10.2%

Try getting that return from your savings account or the stock market.

🛠️ Renovated & Rent-Ready

Each unit is approximately 700 sq ft, offering comfortable living spaces that have been recently updated. Renovations include:

✨ HVAC systems in both units

✨ Roof

✨ Modern interior finishes

This means minimal capital expenses for years to come. And with one tenant on a fresh 12-month lease and the other on month-to-month, you’ve got income security plus flexibility.

🏠 House Hack Opportunity

If you’re an FHA buyer, this could be your chance to own a home while someone else helps pay the mortgage. Live in one unit, rent out the other, and start building wealth through real estate.

📍 Why Augusta, GA?

Located along the Savannah River, Augusta is a city on the rise. Known worldwide as the home of the Masters Golf Tournament, it offers more than just a world-class golf scene. With a strong economy anchored by Fort Gordon, medical centers like Augusta University Health, and a growing tech presence, the city attracts both military and civilian renters year-round.

Augusta also boasts a low cost of living, a stable rental market, and a vibrant cultural scene—making it an ideal location for real estate investors.

If you’re ready to start investing, contact the Southern Home Team today at 904-993-1628 or tashasmithyourrealtor@gmail.com.

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