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+1(850) 212-0440 debbie@firststory.co
1008 5th Avenue, Albany, GA 31701
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1008 5th Avenue, Albany, GA 31701
1008 5th Avenue, Albany, GA 31701
1008 5th Avenue, Albany, GA 31701
1008 5th Avenue, Albany, GA 31701
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Debbie Kirkland

Debbie Kirkland

+1(850) 212-0440
$ 740,000
Est. payment /mo
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Pending

1008 5th Avenue Albany, GA 31701

15 Beds

13 Baths

9,805 SqFt

UPDATED:

Key Details

Property Type Other Types

Sub Type Business

Listing Status Pending

Purchase Type For Sale

Square Footage 9,805 sqft

Price per Sqft $75

Subdivision Rawson Circle

MLS Listing ID 170086

Style Traditional

Bedrooms 15

Full Baths 13

HOA Y/N No

Year Built 1970

Annual Tax Amount $2,714

Tax Year 2025

Property Sub-Type Business

Property Description

Unique income producing package of 12 units, 10 One bedroom - one baths in Historic Rawson Circle and a Duplex in NW Albany(3/2 on one side and a 2/1 one side). Both properties are one story brick and were both built by Lamar Reese in 1970 and 1984 respectively. New 30 year architectural roofs on 1008 5th in 2025 and 2315 Jim Stokes in 2019. Current gross annual income for all 12 units is $98,034.00. 100% occupied. Rents have been increased steadily but still room for growth due to long term below market residents and past conservative market rates. All recently turned units have been renovated with vinyl plank flooring, updated countertops, light fixtures and stainless appliances. 16 parking spaces at 1008 5th and 4 wide at 2315 Jim Stokes Ct(parking pad could be deep enough to have additional spaces behind the first car). Both properties must be purchased as one sale. Two of the Sellers hold R.E. lic's 119226 and 147116.

Location

State GA

County Dougherty

Area Dougherty

Interior

Interior Features Crown Molding, Other-See Remarks, Paneled Walls

Heating Central Electric

Cooling Central Electric, Ceiling Fan(s)

Flooring Carpet, Luxury Vinyl

Fireplaces Type 2+ Fireplaces, Pre Fab Insert

Fireplace Yes

Window Features Blinds Plantation,Mini Blinds

Appliance Dishwasher, Range Hood Microwave, Refrigerator, Stove/Oven Electric, Stainless Steel Appliance(s), Electric Water Heater

Exterior

Parking Features Parking Pad, Spaces

Garage Spaces 20.0

Fence Back Yard

Utilities Available Electricity Connected, Sewer Connected, Water Connected, Cable Available

Waterfront Description Other-See Remarks

View Y/N No

Water Access Desc Albany Utilities

Roof Type Shingle,Architectural

Porch Patio Open

Total Parking Spaces 20

Garage No

Building

Lot Description Curb & Gutter

Story 1

Foundation Slab

Sewer Albany Utilities

Water Albany Utilities

Level or Stories 1

Stories 1

Floor Plan 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://tour.usamls.net/1008-5th-Avenue-Albany-GA-31701/unbranded

Listed by ALBANY REALTY COMPANY
Debbie Kirkland

Debbie Kirkland

Broker License ID: BK3052075

+1(850) 212-0440

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1008 5th Avenue