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111 1 St, Fitzgerald, GA 31750

For Sale

$900,000

3 beds2 baths13,952 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $64.51
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

16 door investment opportunity in Fitzgerald, GA. Offering consists of Two all brick buildings, eight 2br/1ba, and eight 1br/1ba apartments currently at 94% occupancy. 1 br units rent for $600 mo and 2 br units rent for $650. Recent updates to interior and exterior include new exterior paint, new windows, new HVAC units in all units. Some Interior units have been renovated as they are turned. All units have individually metered utilities. Asking price cap rate of 8.66% based on a gross effective rent of $120,000 a year with 35% OPEX. Located 0.5 miles from downtown Fitzgerald, GA.
MLS# 140989

Courtesy Of Century 21 Realty Advisors

(229) 333-4622

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Cable Ready
  • Architecture Style
    Other
  • Exterior Type
    Brick, Brick Veneer
  • Floor Covering
    Carpet, Vinyl
  • Heating System
    Central Furnace
  • Lot Size
    0.86 Acres

Map and Directions

Directions to 111 1 St, Fitzgerald, GA 31750
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Home seller CENTURY 21 Smith Branch & Pope

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Smith Branch & Pope

(229) 386-8737
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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