Ludowici, GA 31316,34 SW Pine ST
Ludowici, GA 31316,34 SW Pine ST
Ludowici, GA 31316,34 SW Pine ST
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$685,900
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0.28 Acres Lot
New

34 SW Pine ST Ludowici, GA 31316

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Key Details

Property Type Multi-Family

Sub Type Multi Family,Quadruplex

Listing Status New

Purchase Type For Sale

Subdivision Pine Street

MLS Listing ID 10621676

HOA Y/N No

Year Built 2022

Annual Tax Amount $150

Tax Year 2024

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 12196.8

Property Sub-Type Multi Family,Quadruplex

Source Georgia MLS 2

Property Description

Turnkey 4-Plex - 9% Cap Rate - New Construction (2023) 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

Rooms

Basement None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Fireplace No

Exterior

Parking Features Attached, Parking Pad

Community Features None

Utilities Available Electricity Individual Meters, Sewer Connected, Water Individual Meters

View Y/N No

Garage Yes

Private Pool No

Building

Faces From W Cypress St, turn onto Cottage St (next to Road Dawg Garage). Follow Cottage St and turn left onto Long St. Turn right onto Pine St. Destination will be on your left.

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Smiley

Middle Schools Long County

High Schools Long County

Others

HOA Fee Include None

Tax ID L02 115 002

Special Listing Condition Resale


Georgia MLS - GAMLS

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Sherry Ajluni

Sherry Ajluni

Team Leader | License ID: 289349

+1(678) 283-1710

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34 SW Pine ST