408 Gilmore Street
Waycross, GA 31501
0.32 acres | #10427183
Description
If you are looking for a great investment opportunity, THIS IS IT! This quadplex features stucco and brick exterior, a new metal roof, new windows with $2450 monthly income. Low maintenance and low operating expenses yields 13.2% cap rate. Located in the city limits at the corner of Pendergast and Gilmore Streets; each unit has it's own mailing address. Landlord pays for water/sewage and lawn care. Situated on over a quarter acre, each unit has it's own entrance and parking access. UNIT 1 (408 GILMORE) - 2 Bed/1Bath, central HVAC, tenant occupied, month-to-month lease. UNIT 2 (307 PENDERGAST) - 1 Bed/1Bath, heating/air window unit, completely remodeled in 2023, vacant & move-in ready. UNIT 3 (307 1/2 PENDERGAST) - 1Bed/1Bath, heating/air window unit, tenant occupied, month-to-month lease. UNIT 4 (309 PENDERGAST) - 1Bed/1Bath, heating/air window unit, tenant occupied, month-to-month lease. Flexible lease terms. Showings require 24-hour notice as a courtesy to tenants.
Property Details
- Utility FeaturesElectricity Individual Meters, Sewer Connected
- Elementary SchoolWilliams Heights
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Basement DescriptionCrawl Space
- High SchoolWare County
- Property SubtypeQuadruplex
- Structure TypeQuadruplex
- Middle SchoolWaycross
- MLS #10427183
- MLS #10427183
- Utility SourcePublic
- Taxes Annual$1,105
- Cost195000
- Acres0.32
- Year Built1957
- CountyWare
- Basement1
Location
Legal
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2023 GAMLS. All rights reserved.
Last Updated: . Source: GAMLS
Listing Courtesy
Listing Agent: Kristie Anderson (#ANDERSONKR)
Listing Office: Honeyland Properties (#HNYL01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
