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700 1st St, Moultrie, GA 31768

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For Sale

$2,075,000

6 beds4 baths23,916 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

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

  • $86.76
    Price per square foot

Explore this Property

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 7.3% at currently monthly rents of $19,425/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!
MLS# 140867

Courtesy Of COLDWELL BANKER PREMIER REAL E

(229) 244-3535

Property Features

  • Amenities
    Dock, Ceiling Fan
  • Architecture Style
    Other
  • Exterior Type
    Brick, Brick Veneer, Vinyl Siding
  • Heating System
    Central Furnace
  • Lot Size
    1.75 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 700 1st St, Moultrie, GA 31768
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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

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Monthly Payment Breakdown

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