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Listed by Kristie Anderson • Honeyland Properties
$ 195,000
Est. payment | /mo
0.32 Acres Lot
$ 195,000
Est. payment | /mo
0.32 Acres Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10427183
Construction Status Resale
HOA Y/N No
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
Rooms
Basement Crawl Space
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
Level or Stories One
Construction Status Resale
Schools
Elementary Schools Williams Heights
Middle Schools Waycross
High Schools Ware County
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Andrea Smith
Broker | License ID: 383400
5555 Glenridge Conn Ste. 200, Atlanta, Georgia, 30342, United States