1113 Grant Street, Brunswick, GA 31520
MULTI_FAMILY - Victorian - Brunswick, GA
Property Features for 1113 Grant Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property sits on a lot of 0.19 acres that spans from Grant Street to Bay Street. It is zoned General Commercial, providing versatility for residential income or other future uses. The home was built in 1910 and features wood siding and a metal roof, with central electric heating and central air conditioning. Off-street parking is available, and water and sewer service are provided by the public systems.
Tenant rent includes utilities, including electricity, water/sewer, internet, and lawn maintenance.
Key Highlights
- Three‑apartment Victorian triplex: 2 bed/2 bath on main, 1 bed/1 bath with office on second, and a studio on third level
- Shared laundry room and rear deck for tenant use
- Equipped with three separate meters for power and water
Financial Insights For Multifamily LT 5
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 | $36.1k | $12.60 |
| − Vacancy | −$2.3k | −$0.82 |
| EGI | $33.8k | $11.78 |
| − OpEx | −$10.1k | −$3.53 |
| NOI | $23.6k | $8.25 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 31520, GA
Market
Vacancy Rate% for Multifamily in South region