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USAGAMoultrieMoultrie515 5Th Ave Se
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$395,000

Apt-4 - 515 5 Th Ave Se, Moultrie, GA

Real Estate

For Sale

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003
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Unit
Levels Residential Income
Size 3870 sqft
Garage No
Maintenance Fees 
Taxes $1,306
Days Active 22
Approx. Age 
Avg. Price Per Sqft $102
MLS® Number 146003

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Strong investment opportunity in the heart of Moultrie, GA! 515 5th Avenue SE is a solid masonry-built quadplex featuring four spacious 2BR/1BA units (950 sq ft each). Currently 100% occupied with a proven rental history, the property offers immediate, turn-key income at $900/unit and significant upside with market comparables supporting $1, 200/unit. Units are individually metered and direct billed by utility companies. Tenants enjoy ample off-street parking and a central location just blocks from historic downtown Moultrie - close to shopping, restaurants, major employers, schools, churches, and entertainment. Perfect for investors seeking stable cash flow with value-add potential, or for owner-occupants who want to live in one unit and lease the other three to offset or even eliminate housing costs. This quadplex can be purchased individually or together with the sister quad property next door (521 5th Avenue SE, MLS #146005). Moultrie / Colquitt County is thriving and the leader for steady growth in southwest Georgia. Close to Interstate(s) I-75 and I-10 and growth-minded leadership make the community a favorable place for professionals and families seeking convenience and value in a small town setting.Show Description
MLS® Number146003
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorNone
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatOther
A/CWall/Window Unit(s)
Heating Fuel

Extras

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