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Off market
  • $187,000

    408 Gilmore St, Waycross, GA 31501

    --beds
    0baths
    2,383sqft
    MultiFamily
    Built in 1957
    -- sqft lot
    $187,000 Zestimate®
    $78/sqft
    $-- HOA

    What's special

    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 $2500 monthly income potential. Low maintenance and low operating expenses yields 13.5% cap rate. Located in the city limits at the corner of Pendergast and Gilmore Streets; each unit has it's own mailing address. Landlord paid 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 (see pics), 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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • None, Other
    Cooling
    • Central
    Features
    • Flooring: Other
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,383 sqft

    Property

    Features
    • Exterior features: Stone
    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: WA1105040

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • masonry
    • Foundation: Piers
    • Roof: Metal
    Condition
    • Year built: 1957

    Community & neighborhood

    Location
    • Region: Waycross

    Other

    Other facts
    • Property Status: Active
    • Cooling: Central/Forced Air, Wall/Window
    • Parking: Less than 5 spaces
    • Heating: Central
    • Acreage Range: .26 to .50 acres
    • Heating: Space Heater
    Services availability
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    An equal housing lender. NMLS #10287.