408 Gilmore Active Save Request In-Person Tour Request Virtual Tour
Waycross,GA 31501
Key Details
Property Type Multi-Family
Sub Type Multi Family,Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10427183
Year Built 1957
Annual Tax Amount $1,105
Tax Year 2023
Lot Size 0.320 Acres
Property 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.
Location
State GA
County Ware
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Assigned
Community Features None
Utilities Available Electricity Individual Meters,Sewer Connected
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Stucco
New Construction No
Schools
Elementary Schools Williams Heights
Middle Schools Waycross
High Schools Ware County
Others
Special Listing Condition Resale