$122,000 1506 Albany Street 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

Construction Wood
Cooling Source Electric
Heating Source Electric
New Construction Y/N No
Property Sub Type Multi-Family
Property Type Residential
Subdivision Old Town
Ttl Lot Sq Ft 2700.00
Zoning Description City

Interior Features

Appliances Range/Oven, Refrigerator, Smoke Detector, W/D Stack
Cooling Central
Fireplace(s) 0
Foundation War Piers/Pilings, Wood
Heating Type Central
Interior Features Ceiling Fans, Ceilings above 9ft., Foyer, Newly Painted, Renovated
Utilities Cable, Electric, Waste: Public Sewer, Water: Public
Water Heater Type Electric

Exterior Features

Carport Yn No
Garage Y/N No
Lot Front 30
Lot View Frontage Residential
Num Building Stories 2
Num Carport Spaces 0
Parking Description Paved Driveway
Road Surface Paved
Roof Wood Shingle
Waterfront No

Property Schools

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Property vs Zip Code Avg (31520)

Price 122K Avg 214K

Sqr Feet 2,200 Avg 1,917

Cost / Sqr Ft $55 Avg $112

Acres 0.07 Avg 0.4

Visits 107 Avg 25

Days on Site 385 Avg 98

Walkscore® 81 Avg 37

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Listing Provided Courtesy Of: GardnerKeim Coastal Realty

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Location & Address

eXp Realty Golden Isles
1155 Mount Vernon Highway Suite 800
Atlanta, GA