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Listed by John Courson COLDWELL BANKER PREMIER REAL E
$325,000
Est. payment /mo
1 Bed
1 Bath
3,870 SqFt
Active
515 SE 5th Avenue #* Moultrie, GA 31768
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Key Details
Property Type Multi-Family
Sub Type Multi Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,870 sqft
Price per Sqft $83
Subdivision Moultrie
MLS Listing ID 153304
Bedrooms 1
HOA Y/N No
Lot Size 10,628 Sqft
Lot Dimensions 71 x 150
Property Sub-Type Multi Unit
Property 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). Units lease at $900/unit and significant upside with market comparables supporting $1,200/unit. Each unit is 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 as part of a package deal with two other sister quad properties owned by the same seller - one next door and another just blocks away (521 5th Avenue SE, MLS # & 713 5th Avenue SE, MLS # ). 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.
Location
State GA
Area 11-Other
Zoning 2follow
Interior
Interior Features Ceiling Fan(s)
Heating Other
Cooling Wall/Window Unit(s)
Flooring Carpet, Vinyl, Luxury Vinyl
Appliance Refrigerator, Electric Range
Exterior
Exterior Feature None
Parking Features 3+ Cars
Garage Spaces 3.0
Pool None
View Y/N No
Roof Type Shingle,Architectural
Garage No
Building
Story 2
Foundation Crawl Space
Sewer Public Sewer
Level or Stories Two
Others
Virtual Tour https://tour.usamls.net/515-SE-5th-Avenue-Moultrie-GA-31768/unbranded
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