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For sale
  • $2,075,000

    700 1st St SW #22, Moultrie, GA 31768

    6beds
    4baths
    23,916sqft
    : 
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $87/sqft
    $-- HOA

    What's special

    Metal roofingCrown mouldingExtra closet spaceHuge floorplansCentral hvacLvp flooring
    22 door turnkey investment opportunity in Moultrie, GA. Currently at 100% occupancy with recent updates to interiors including LVP flooring, painting, central HVAC, designer appliances / fixtures compliment crown moulding, built-ins, and extra closet space, etc that are original to these historical units. Huge floorplans & excellent mix of unit types to attract multiple tenant needs. Fourteen 2br/1ba, Four 3/2, & Four 1/1 - all individually metered with public utilities billed direct to tenants. 6 buildings over 3 parcels all adjacent and only units on public / dead end street with no outlet allows for control / security / neighbor monitoring, etc. Metal roofing on all 2 story brick buildings and 1 story vinyl-sided structures will need little to no maintenance going forward. Asking price cap rate of 7.36% at currently monthly rents of $19,585/month and 35% OPEX factor....Located just 0.5 miles from lovely downtown Moultrie, GA with plenty of jobs, retail & professional users, schools, entertainment, places of worship, etc all around!
    303 days
    on Zillow
    |
    232
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 07, 2025 at 08:53am

    Listed by:

    Coldwell Banker Premier Real E

    Source: South Georgia MLS,MLS#: 140867MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 700 1st St SW #22.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Other
    Features
    • Ceiling Fan(s)
    Interior area
    • Total structure area: 23,916
    • Total interior livable area: 23,916 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Other
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: None
    • Pool features: None
    • Frontage type: None
    Lot
    • Size: 1.75 Acres
    Details
    • Parcel number: multi
    • Zoning: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick Veneer, Frame, Vinyl Siding
    • Roof: Metal

    Utilities & green energy

    • Electric: City Of Moultrie
    • Sewer: Public Sewer
    • Water: Public, City Of Moultrie

    Community & HOA

    Community
    • Subdivision: Moultrie
    Location
    • Region: Moultrie

    Financial & listing details

    • Price per square foot: $87/sqft
    • Annual tax amount: $12,223
    • Date on market: 6/26/2024
    • Total actual rent: 2950
    • Road surface type: Paved
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