1416 Lee Street, Brunswick, GA 31520
MULTI_FAMILY - Brunswick, GA
- Added:
- May 14, 2026
- Days on Market:
- 56
- Last Refresh:
- Jul 8 at 7:06 am
Property Features for 1416 Lee Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 6
- Rooms
- Bedroom 2, Bathroom 1, Bathroom 5, Bedroom 6, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 7, Bathroom 6, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 2
- Parking
- 5
- Parking features
- Off Street
- Interior features
- Ceiling Fan(s)
- Standard status
- Active
- APN
- 01-01773
- Size
- 4,344 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 17 Ptn 19 T C
- Tax Annual Amount
- 2300
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric, Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1890
- Flooring type
- Carpet
- Building materials
- Block, Vinyl Siding
Listing agent Patrick Davis License #363984 (318) 557-4235
Listing office eXp Realty, LLC 1372 Peachtree St NE, St. Simons Island, GA (888) 959-9461
Listing date May 14, 2026
Copyright © 2026 Golden Isles Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Multi‑family property built in 1890 with five separate apartment units
- Unit mix includes one 3‑bedroom, 2‑bath unit and four 1‑bedroom, 1‑bath units
- Each apartment has its own private entrance and individually metered electricity
- All units are currently tenant‑occupied
- Central electric heating with electric cooling including central air and window unit(s)
- Off‑street parking; public water and public sewer available
Overview
Located in Brunswick’s Historic District, the property is positioned for convenient access to local amenities. Public remarks indicate it is within walking distance of downtown restaurants, shops, and local attractions, with St. Simons Island and Jekyll Island also described as a short drive away.
This configuration is a practical fit for an owner seeking a small multifamily asset with multiple separate apartments and independent electric metering. With all units currently occupied, the building offers the benefit of in-place tenancy at the time of sale. The private entrances may also appeal to residents who prefer a more independent day-to-day experience within a shared building.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.1k | $14.76 |
| − Vacancy | −$3.7k | −$0.86 |
| EGI | $60.4k | $13.90 |
| − OpEx | −$27.2k | −$6.26 |
| NOI | $33.2k | $7.65 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brunswick
- County
- Glynn
- State
- Georgia
- Longitude
- -81.485534
- Latitude
- 31.150915