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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.PROPERTY FEATURES
Utilities : Electricity Individual Meters,Sewer Connected
Sewer : Public Sewer
Water Source : Public
Parking Features: Assigned
Structure Type : Quadruplex
Property Condition : Resale
Cooling: Central Air
Heating : Central
Construction Materials: Brick,Stucco
Basement : Crawl Space
Levels : One
PROPERTY DETAILS
Street Address: 408 Gilmore Street
City: Waycross
State: Georgia
Postal Code: 31501
County: Ware
MLS Number: 10427183
Year Built: 1957
Courtesy of Honeyland Properties
City: Waycross
State: Georgia
Postal Code: 31501
County: Ware
MLS Number: 10427183
Year Built: 1957
Courtesy of Honeyland Properties
Courtesy of BHHS Hodnett Cooper RealEstate
