3085 Parrish Road

Investment Overview

3085 Parrish Road is a two-story brick fourplex on approximately 0.68 acres in Augusta, Richmond County. Monthly rents total $4,600 across four units. Tenants pay utilities, and there are two parking spaces per unit. Improvements include 20 replacement windows with blinds installed in early 2026, vinyl plank flooring throughout all units, and replacement of the architectural shingle roof. Investment highlights: - Four income-producing units: Listed rents total $4,600 per month, or $55,200 annualized gross rent. - $525,000 asking price: An entry point of $131,250 per unit. - Tenant-paid utilities: Helps limit the owner’s direct utility expenses. - Completed property improvements: 20 replacement windows with blinds installed in early 2026, vinyl plank flooring throughout all units, and a replaced architectural shingle roof. - Month-to-month leases: Provides flexibility for future lease restructuring and property improvements, subject to applicable notice requirements. - Brick construction: A two-story brick fourplex on approximately 0.68 acres. - Dedicated parking: Two parking spaces per unit, eight total. - Established multifamily setting: Located within an area of surrounding multifamily properties in Augusta.