Multi-Unit Property in Historic
916 Union Street Brunswick, GA 31520
916 Union Street, Brunswick, GA, 31520
$275,000
Pending
For Sale
$275,000
Pending
MULTI_FAMILY - Colonial - Brunswick, GA
Property Size2,968 SF
Lot Size0.37 Acres
Days on Market71
Property Features for 916 Union Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 7, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3
- Parking features
- Off Street
- Standard status
- Pending
- APN
- 0101107
- Size
- 2,968 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Description
- LOT 261 OLD TOWN
Building Details
- Year built
- 1900
- Architectural style
- Colonial
Listing Agency
Coldwell Banker Access Realty BWK
(912) 267-0054
1965 Glynn Ave, Saint Simons Island, GA
Listed by
Edis Gonzalez · License #400297
(912) 509-0909
Added: May 8 Checked: Jul 17 at 3:06 pm
MLS# 1661921
Listing URL
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.
Investment Insights
Based on property information with market context.
Located in the Historic District, this multi-unit property presents an opportunity for ownership. The two-story building, currently rented, is suitable for long or short-term rentals. The property size is 2968 square feet and it sits on a 0.37-acre lot. Renovations are required. It can also be converted into a main home.
Key Highlights
- Two‑story multi‑unit property in a Historic District
- Colonial architectural style, built in 1900
- Includes 7 bedrooms and 4 bathrooms
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 | $43.8k | $14.76 |
| − Vacancy | −$2.5k | −$0.86 |
| EGI | $41.3k | $13.90 |
| − OpEx | −$18.6k | −$6.26 |
| NOI | $22.7k | $7.65 |
2,968 SF · lease $14.76/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$324.2K
$283.7K – $378.3K
NOI $22,697 @ 7.0% cap · market cap 8.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$616.0K
$539.0K – $718.6K
NOI $43,118 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Multifamily property - Multi-unit property in Brunswick's Historic District, ideal for rentals.
Where is this multifamily property located?
The property is located at 916 Union Street Brunswick, GA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑story multi‑unit property in a Historic District; Colonial architectural style, built in 1900; Includes 7 bedrooms and 4 bathrooms