new - 3 days on rocket

700 SW 1st St Unit 22, Moultrie, GA, 31768

$2,075,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Baths
23,916 SqFt
$87/SqFt
Multi

Location

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700 SW 1st St Unit 22, Moultrie$2,075,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
MLS #140867
Lot Size1.75 Acres
StatusActive

About 700 SW 1st St Unit 22

22 door turnkey investment opportunity in Moultrie, GA. Currently at 100% occupancy with recent updates to interiors including LVP flooring, painting, central HVAC, designer appliances / fixtures compliment crown moulding, built-ins, and extra closet space, etc that are original to these historical units. Huge floorplans & excellent mix of unit types to attract multiple tenant needs. Fourteen 2br/1ba, Four 3/2, & Four 1/1 - all individually metered with public utilities billed direct to tenants. 6 buildings over 3 parcels all adjacent and only units on public / dead end street with no outlet allows for control / security / neighbor monitoring, etc. Metal roofing on all 2 story brick buildings and 1 story vinyl-sided structures will need little to no maintenance going forward. Asking price cap rate of 7.3% at currently monthly rents of $19,425/month and 35% OPEX factor....Located just 0.5 miles from lovely downtown Moultrie, GA with plenty of jobs, retail & professional users, schools, entertainment, places of worship, etc all around!

Property Details

Property Features

Property Information:

  • Living Area: 23,916 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER PREMIER REAL E
  • Office Phone: (229) 244-3535
  • Listing Agent: John Courson

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Lot Features

Lot Information:

  • Lot Size: 1.75 Acres

Other

Directions Information:

  • Directions: From downtown Moultrie, travel south 0.5 miles on 1st Street SW. Property is at intersection of 7th Ave SW and 1st St SW (on both sides south of 7th until dead end).

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,075,000
  • Price Per SqFt: $87/SqFt
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Housing Market Comparison

See how this home compares to others in Moultrie, GA.

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Moultrie, GA

City

Med. List Price

$260K

Med. Price/SqFt

$154

Avg. Days On Market

69

# of Sold Homes

1

700 SW 1st St Unit 22 vs Moultrie

3 DAYS ON ROCKET

-66 Days

$2,075,000

+$1.8M More

$87/SqFt

-$68 Less

KEY TAKEAWAY

This property is $1.8M more than the Median List Price and $68/SqFt less than other homes in Moultrie, GA.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Name: SouthGeorgiaMLS
  • MLS Number: #140867

Listing Office:

  • Office Name: COLDWELL BANKER PREMIER REAL E
  • Office Phone: (229) 244-3535
  • Listing Agent: John Courson

The data relating to real estate for sale on this web site comes in part from the IDX Program of The Valdosta Board of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 The Valdosta Board of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 7:16:12 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$10.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,287

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-769413
3
/10

  • Stringfellow Elementary School

  • 200 5th Ave SW

  • 0.19 miles

  • Public District Grades PK-5

school-card-donut-769414
4
/10

  • Cox Elementary School

  • 1275 11th Ave SE

  • 0.97 miles

  • Public District Grades PK-5

school-card-donut-769415
7
/10

  • Wright Elementary School

  • 1812 2nd St SE

  • 1.23 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,677. The most common annual income of people living in Moultrie, GA is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Colquitt County›Moultrie›31768›700 SW 1st St Unit 22

This home is located at 700 SW 1st St Unit 22 in Moultrie, GA and zip code 31768. This 23,916 square foot home sits on a 1.75 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $2,075,000.

In November 2024 in Moultrie, GA there were 31.6% more homes for sale than in October 2024. In November 2024 median list price was $260,000 and the average listing age was 69 days.

From Rocket Homes Real Estate and based on county public records data.

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