Property Description
Five-unit multifamily property located in Brunswick's historic corridor, currently 100% occupied and generating $57,600 in annual gross income. Unit mix includes three 1BR/1BA units and two 2BR/1BA units, including one detached unit. All five units are subject to written leases, which will transfer at closing and must be honored by purchaser. Two additional unfinished units (Units #1 and #3) provide defined expansion potential, increasing total unit count to seven upon completion. Estimated $100,000 capital improvement plan includes construction and interior upgrades. Projected gross income upon expansion: $87,600 annually. Professionally managed with management continuity available. Investment Overview attached in MLS documents.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Window Unit(s)
Fireplaces: 3
Heating: Natural Gas
Lot Size: 0.31 Acres
Taxes: $9,027
Year Built: 1880
Feature Descriptions
Days on Site: 3
Exterior: Block, Rough-Sawn Lumber, Wood Siding
Foundation: Block, Pillar/Post/Pier
Parking Notes: Parking Pad, Side/Rear Entrance
Sewer: Public Sewer
Units: 7
Utilities: Electricity Individual Meters, Gas Individual Meters, Water Individual Meters
Water: Public
Local Schools
High School: Glynn
Middle School: Glynn
Elementary School: Oglethorpe Point
Listed By / Shown By
Listed By
Agency Name: Innovative Land Solutions, Inc
Agency Phone: 912-262-9820
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
Estimate Your Payment
Estimated Payment
$ 3,304.05 per month $2,406.25 Principal & Interest $752.25 Property Tax $145.54 Homeowner's InsuranceChange Payment Information
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911 Union Street | MLS# 10699893
This multi-family property located at 911 Union Street, Brunswick, GA 31520 is currently listed for sale with an asking price of $499,000. Search Brunswick real estate on www.watsonrealtycorp.com today.