
Description
Excellent investment property in the heart of historic Old Town Brunswick, in walking distance to downtown shops and restaurants. Property has four rental apartments, each with 2 bedrooms, 1 bath and an outdoor storage closet. Tile flooring throughout. All apartments have the same floor plan and are 856 sq. ft. each. Range/oven, refrigerator/freezer and washer/dryer connections in each unit. Tenants pay all utilities. Current rents total $2975/month, with apts. renting for $650, $700, $725 and $900/month. Currently fully occupied, with all tenants on a mo-to-mo basis. Top left unit (#3) recently fully renovated during current seller ownership, as well as 2 new water heaters, 2 new HVAC units, updated electrical in 2 units, new exterior paint and trees trimmed/landscaping completed. Upstairs units have covered front porches and there's paved parking for 8 cars off street. No flood insurance required, located in FEMA Zone "X." Total 2022 property tax was $2858.66 ($1723.63 City of Brunswick, $1135.03 Glynn County) Showings must be scheduled in advance please and coordinated with current tenants, so may take some time.
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8BEDS
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0.16ACRES
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4BATHS
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01/2 BATHS
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3,422SQFT
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$124$/SQFT
School Information
Description
Excellent investment property in the heart of historic Old Town Brunswick, in walking distance to downtown shops and restaurants. Property has four rental apartments, each with 2 bedrooms, 1 bath and an outdoor storage closet. Tile flooring throughout. All apartments have the same floor plan and are 856 sq. ft. each. Range/oven, refrigerator/freezer and washer/dryer connections in each unit. Tenants pay all utilities. Current rents total $2975/month, with apts. renting for $650, $700, $725 and $900/month. Currently fully occupied, with all tenants on a mo-to-mo basis. Top left unit (#3) recently fully renovated during current seller ownership, as well as 2 new water heaters, 2 new HVAC units, updated electrical in 2 units, new exterior paint and trees trimmed/landscaping completed. Upstairs units have covered front porches and there's paved parking for 8 cars off street. No flood insurance required, located in FEMA Zone "X." Total 2022 property tax was $2858.66 ($1723.63 City of Brunswick, $1135.03 Glynn County) Showings must be scheduled in advance please and coordinated with current tenants, so may take some time.
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