For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $435,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Old Town
MLS Listing ID 10699893
Sold Date 05/05/26
HOA Y/N No
Year Built 1880
Annual Tax Amount $9,027
Tax Year 2024
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 13503.6
Property Sub-Type Multi Family
Source Georgia MLS 2
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.
Location
State GA
County Glynn
Rooms
Bedroom Description No
Basement None
Interior
Heating Natural Gas
Cooling Window Unit(s)
Fireplaces Number 3
Fireplace Yes
Laundry In Unit
Exterior
Parking Features Parking Pad, Side/Rear Entrance
Community Features None
Utilities Available Electricity Individual Meters, Gas Individual Meters, Water Individual Meters
View Y/N No
Garage No
Private Pool No
Building
Faces Gloucester St to Union St (South); take Union St to 9th block. House is on the right
Foundation Block, Pillar/Post/Pier
Sewer Public Sewer
Water Public
Structure Type Block,Rough-Sawn Lumber,Wood Siding
New Construction No
Schools
Elementary Schools Oglethorpe Point
Middle Schools Glynn
High Schools Glynn
Others
HOA Fee Include None
Tax ID 0101113
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Resale
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2026 Georgia Multiple Listing Service. All Rights Reserved.
Nearby Locations
GET MORE INFORMATION