408 Gilmore Street
$195,000
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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.
- Listed by Kristie Anderson • Honeyland Properties
Property Details for 408 Gilmore Street
Subdivision
None
Fees IncludeNone
ParkingAssigned
LISTING UPDATED: 12/27/2024 01:05 AM
Property Details for 408 Gilmore Street
Status | Active |
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MLS # | 10427183 |
Days on Market | 15 |
Taxes | $1,105 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quadruplex |
Year Built | 1957 |
Lot Size | 0.32 AC / 13,939 SF |
County | Ware County |
Building Information for 408 Gilmore Street
Stories1Residences4Year Built1957Building Size-Lot Size0.32 AC / 13,939 SF
Property Information for 408 Gilmore Street
Property History for 408 Gilmore Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 |
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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.
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