408 Gilmore Street

Waycross, GA 31501

$195,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

If you are looking for a great investment opportunity, THIS IS IT! This quadplex features stucco and brick exterior, a new metal roof, new windows with $2450 monthly income. Low maintenance and low operating expenses yields 13.2% cap rate. Located in the city limits at the corner of Pendergast and Gilmore Streets; each unit has it's own mailing address. Landlord pays for water/sewage and lawn care. Situated on over a quarter acre, each unit has it's own entrance and parking access. UNIT 1 (408 GILMORE)...If you are looking for a great investment opportunity, THIS IS IT! This quadplex features stucco and brick exterior, a new metal roof, new windows with $2450 monthly income. Low maintenance and low operating expenses yields 13.2% cap rate. Located in the city limits at the corner of Pendergast and Gilmore Streets; each unit has it's own mailing address. Landlord pays for water/sewage and lawn care. Situated on over a quarter acre, each unit has it's own entrance and parking access. UNIT 1 (408 GILMORE) - 2 Bed/1Bath, central HVAC, tenant occupied, month-to-month lease. UNIT 2 (307 PENDERGAST) - 1 Bed/1Bath, heating/air window unit, completely remodeled in 2023, vacant & move-in ready. UNIT 3 (307 1/2 PENDERGAST) - 1Bed/1Bath, heating/air window unit, tenant occupied, month-to-month lease. UNIT 4 (309 PENDERGAST) - 1Bed/1Bath, heating/air window unit, tenant occupied, month-to-month lease. Flexible lease terms. Showings require 24-hour notice as a courtesy to tenants.
  1. Listed by Kristie Anderson • Honeyland Properties

Property Details for 408 Gilmore Street

Subdivision
None
Fees Include
None
Parking
Assigned
LISTING UPDATED: 12/27/2024 01:05 AM

Property Details for 408 Gilmore Street

StatusActive
MLS #10427183
Days on Market15
Taxes$1,105 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1957
Lot Size0.32 AC / 13,939 SF
CountyWare County

Building Information for 408 Gilmore Street

Stories1Residences4Year Built1957Building Size-Lot Size0.32 AC / 13,939 SF

Property Information for 408 Gilmore Street

Summary
Location and General Information
  • Elementary School: Williams Heights
  • High School: Ware County
  • Middle School: Waycross
  • Amenities: None
  • Directions: Wendy's 601 Memorial Dr, Waycross, GA 31501 Head south toward Memorial Dr 59 ft Turn right onto Memorial Dr 0.2 mi Turn left onto Screven Ave 0.1 mi Turn left onto Gilmore Ave 43 ft Turn right onto Gilmore St Destination will be on the right 0.2 mi 408 Gilmore St Waycross, GA 31501
Taxes and HOA
  • Association: No
  • Parcel Number: WA1105 040
Owner
  • Owner Pays: Sewer, Water
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 0
  • Basement Description: Crawl Space
Property
Utilities
  • Cooling: Central Air
  • Heating Type: Central
  • Water/Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Sewer Connected
  • Water Source: Public
Property and Assessments
  • Tax Year: 2023
  • Construction: Brick, Stucco
  • Stories: One
  • Property Condition: Resale
Lot Information
  • Structure: Quadruplex
Multi Family
Multi-Family Information
  • Number Of Units Total: 4

Property History for 408 Gilmore Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 408 Gilmore Street

Taxable ValueLand$1,557Additions$26,139Total$27,696
Tax Record2023$1,105 ($92 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,383 SqFtAbove Grade Finished SqFt2,383 SqFtStories1Lot Size13,939 SqFtStyleSingle Family ResidenceYear Built1957Zoning005CountyWAREAPNWA11-05-040Fireplace TypeHas Fireplace

Schools near 408 Gilmore Street

Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Williams Heights Elementary School
PublicK to 5

Waycross Middle School
Public6 to 8

Ware County High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

408 Gilmore Street is a multi-family home for sale in Waycross, GA 31501. This property was listed for sale on December 12, 2024 by Honeyland Properties, it's currently listed at $195,000. It has been on the market for a total of 15 days and was last sold on May 13, 2022. Nearby schools include Williams Heights Elementary School, Waycross Middle School and Ware County High School. 408 Gilmore Street is a 0-bed, 0-bath, multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Honeyland Properties, Kristie Anderson

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.