$122,000 1506 Albany St Brunswick, GA

MLS: 1584428   Type: Single Family   County: Glynn   City: Brunswick   Area: B1 - Brunswick   Neighborhood: Old Town   Zip: 31520   Style: Victorian   # Rooms: 8    Stories: 2

Mortgage $573 /mo



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Terrific opportunity for 1031 Exchange! This property was saved from demolition and completely renovated into a very POSITIVE CASH FLOW property with all electrical, plumbing updates, exterior painting and new roof completed in 2009. Most recently in 2016 permitted work was completed on kitchen and bathroom remodels. Central living area on the main floor includes living room, dining area, kitchen and bathroom. Ceilings over 12' with stacked washer-dryer for tenants use. Shaded backyard has bike rack and picnic area. Resident manager on site interfaces with 5 tenants and their activities. Gross rental income of $31,200 over expenses of $12,720 produce a NET PROFIT OF OVER $19,600. Property has two HVAC systems. Advance notice to show!

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Price History

6/28/2017 Listed $128,000
10/10/2017 5% - $122,000

Current Zoning City
Energy A/C: Cent Elec, Heat: Cent Elec, W/H: Elec
Listing Status Active
Listing Type Multi-Family
Status Active
Stories 2
Style Victorian
Subdivision Y/N Old Town
Utilities Electricity, TV Cable, Water: Public, Waste: Public Sewer
Year Built 1935

Interior Features

# of Fireplaces 0
Approximate Heated SqFt 2200
Full Baths 2
Half Baths 0
Interior Features Ceilings above 9ft., Ceiling Fans, Foyer, Newly Painted, Renovated
Total Rooms 8

Exterior Features

Car Port 0
Construct/siding Roof: Shingle, SD: Wood
Exterior House Features Renovated, Patio Open
Frontage Residential
Garage 0
Lot Access Paved Road, Paved Driveway
Lot Front 30
Lot Left 90
Lot Rear 30
Lot Right 90
Sub Structure Piers/Pilings

Property Schools

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Property vs Zip Code Avg (31520)

Price 122K Avg 181K

Sqr Feet 2,200 Avg 1,797

Cost / Sqr Ft $55 Avg $101

Acres 0.07 Avg 3499.65

Visits 52 Avg 19

Days on Site 241 Avg 172

Walkscore® 81 Avg 47

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Listing Provided Courtesy Of: GardnerKeim Coastal Realty

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Location & Address

Ian Marshall

St Simons, GA