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Federal/State Economic Opportunity Zone. This is an incredible investment property that gives you the opportunity of a 10-year break on federal capital gains taxes and tax credits. 1.92 acres in the heart of Downtown Augusta with over 300ft of FRONTAGE ON 13th STREET! Located on the main corridor connecting Downtown Augusta and North Augusta. This property is zoned C-3 and can be used for just about anything...retail, housing, medical, office space etc etc. Until 2015 this property house a Ready Mix concrete plant that has since been decommissioned and disassembled. All that remains is a 2500 sq ft office and a mechanic shop. Property is very flat and has every utility available. Located .33 miles from University Hospital, .5 miles from the Augusta Convention Center, .4 miles from the brand new Cyber Innovation Training Center and .65 miles from the new ballpark in North Augusta.
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This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate.
Residential (or Property) Taxes are a little harder to figure out... the average residential tax rate seems to be around $14 per year for every $1,000 of your property's assessed value.
Let's say that your property's assessed value is 85% of what you actually paid for it - $1,360,000.00.
This would mean that your yearly residential taxes will be around $19,040.00.
This could add $1,586.67 to your monthly payment.