1926 Howard Avenue, Augusta, GA 30904
MULTI_FAMILY - Augusta, GA
Property Features for 1926 Howard Avenue
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Heating is forced air with natural gas, and cooling is provided by central air. Construction materials include brick veneer, stucco, and wood frame elements, with a metal and shingle roof. Parking is available via a carport. Public water and public sewer service are in place, and cable is available.
The rear unit includes completely updated electrical with a new panel, and the property has a brand new roof. Zoning is listed as R. The home is currently fully leased, and showings are available during the due diligence period with an accepted offer; please do not disturb tenants.
Key Highlights
- Fully leased duplex with main 3 bed/2 bath and separate rear 1 bed/1 bath kitchenette unit
- Rear unit has completely updated electrical with a new panel
- Brand new roof
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.1k | $15.24 |
| − Vacancy | −$2.1k | −$1.23 |
| EGI | $24.0k | $14.01 |
| − OpEx | −$7.2k | −$4.20 |
| NOI | $16.8k | $9.81 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 30904, GA
Market
Vacancy Rate% for Multifamily in South region