$2,075,000

700 1st St SW Unit 22 Moultrie, GA 31768

Estimated payment $12,578/month

Total Views 9,574
6 Beds
4 Baths
23,916 Sq Ft
$87 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Ceiling Fan
  • Brick Veneer

About This Home

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!

Listing Agent

John Courson

COLDWELL BANKER PREMIER REAL E Brokerage Phone: 2292443535 License #342868

COLDWELL BANKER PREMIER REAL E

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,223

Home Design

  • Brick Veneer
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 23,916 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 1.75 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Moultrie Subdivision

Listing and Financial Details

  • Assessor Parcel Number multi

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,223

Lot Details

0

Listing Details

  • Property Sub Type: Multi Unit
  • Prop. Type: Residential Income
  • Road Frontage Type: None
  • Lot Size Acres: 1.75
  • Lot Size: see acreage
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Moultrie
  • Directions: From downtown Moultrie, travel south 0.5 miles on 1st Street SW. Property is at intersection of 7th Ave SW and 1st St SW (on both sides south of 7th until dead end).
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Attribution Contact: 2292443535
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Other
  • Total Bedrooms: 6
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 23916

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Brick Veneer, Frame, Vinyl Siding
  • Exterior Features: None
  • Roof: Metal

Garage/Parking

  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 76230
  • Parcel #: multi
  • Zoning: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Total Actual Rent: 2950

Tax Info

  • Tax Annual Amount: 12223
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 For Sale $2,075,000 -- $87 / Sq Ft
Source: South Georgia MLS

Source: South Georgia MLS

MLS Number: 140867

Georgia Colquitt County Moultrie 31768

700 1st St SW Unit 22, Moultrie, GA

Homes for Sale in Moultrie, GA

This home is located at 700 1st St SW Unit 22, Moultrie, GA 31768 and is currently priced at $2,075,000, approximately $86 per square foot. 700 1st St SW Unit 22 is a home located in Colquitt County with nearby schools including Stringfellow Elementary School, Willie J. Williams Middle School, and C.A. Gray Junior High School.

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John Courson
Listing Agent
John Courson
Section Image
COLDWELL BANKER PREMIER REAL E
(229) 458-4770