408 Gilmore ST Active

Waycross,GA 31501

$ 195000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

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

Building

Story One

Sewer Public Sewer

Schools

Elementary Schools Williams Heights

Middle Schools Waycross

High Schools Ware County

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