UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Pine Street
MLS Listing ID 7661053
Construction Status Resale
HOA Y/N No
Year Built 2022
Annual Tax Amount $150
Tax Year 2024
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Quadruplex
Source First Multiple Listing Service
Property Description
Investor special! Don't miss this rare opportunity to own a brand-new 4-plex in the growing Ludowici
rental market. Built in 2022, this property is fully leased and delivering strong returns from day one.
3 of the units offers 2 bedrooms and 1 bathroom while the 4th unit is equipped with handicap acccessible features throughout. All with modern finishes, appealing to long-term tenants and has been easy to manage. Located within 15 minutes drive of Fort Stewart Military Base. Between Hinesville and Jesup for convenience to grocery options, healthcare, schools, shopping, dining, entertainment, and recreational facilities. Financials:
• Gross Monthly Rent: $5,520
• Annual Gross Rent: $66,240
• Annual Expenses: ~$5,700 (taxes, insurance, lawn care)
• Tenant-Paid Utilities = low overhead
• Net Operating Income (NOI): ~$60,540
• Cap Rate @ $675K: ~9%. This stabilized, cash-flowing property provides investors with immediate income and long-
term upside. With all major systems brand-new, you'll enjoy low maintenance costs for
years to come.
Perfect for local and out-of-state investors seeking high yield + stability. Opportunities
like this — a new build, strong cash flow multifamily under $700K — rarely come to
market in Georgia.
Call today for financials and details!
Location
State GA
County Long
Area Pine Street
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Luxury Vinyl, Tile
Window Features Insulated Windows
Exterior
Parking Features Attached, Parking Lot
Fence Back Yard, Fenced, Privacy, Wood
Community Features Near Schools, Near Shopping
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View Other
Roof Type Composition
Accessibility Accessible Approach with Ramp, Accessible Bedroom, Accessible Closets, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Washer/Dryer
Handicap Access Accessible Approach with Ramp, Accessible Bedroom, Accessible Closets, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Washer/Dryer
Private Pool false
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Vinyl Siding
Construction Status Resale
Schools
Elementary Schools Smiley
Middle Schools Long County
High Schools Long County
Others
Senior Community no
Tax ID L0200001150002
Special Circumstances Agent Related to Seller
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