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.
Step into the potential of this unique 2-story duplex, offering a fantastic opportunity for rental income with the current rental income of $1175 per month reflecting its solid investment potential. Each unit features its own living space, kitchen, and bathroom, providing privacy and convenience for tenants. Conveniently located near amenities and commuter routes, this property combines potential with practicality. Don't miss out on the chance to make your mark on this promising investment opportunity!
The median home value in Waycross, GA is $108,800. This is lower than the county median home value of $109,700. The national median home value is $338,100. The average price of homes sold in Waycross, GA is $108,800. Approximately 34.33% of Waycross homes are owned, compared to 43.3% rented, while 22.37% are vacant. Waycross real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Waycross real estate agent to arrange a tour today!
Waycross, Georgia 31501 has a population of 13,898. Waycross 31501 is less family-centric than the surrounding county with 20.43% of the households containing married families with children. The county average for households married with children is 21.27%.
The median household income in Waycross, Georgia 31501 is $31,151. The median household income for the surrounding county is $39,419 compared to the national median of $69,021. The median age of people living in Waycross 31501 is 36.4 years.
The average high temperature in July is 92.5 degrees, with an average low temperature in January of 37.3 degrees. The average rainfall is approximately 48 inches per year, with 0.1 inches of snow per year.