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.
Listed By
Agency Name: Innovative Land Solutions, Inc
Agency Phone: 912-262-9820
Shown By
Agent Name: Jennifer Leigh Murphy
Agent Phone: (770) 301-6505
Agency Title: Josey Young & Brady Realty, LLC
Estimated Payment
$ 2,008.35 per month $1,110.56 Principal & Interest $752.25 Property Tax $145.54 Homeowner's Insurance
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 jmurphy.jybrealty.com today.