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.
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
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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