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5-Unit Apartment Building
For Sale
$459,900

1416 Lee Street, Brunswick, GA 31520

Five separately entered residences have individual electric meters, with every apartment currently occupied by a tenant.

Property SizeContact for details
Days on Market171

Property Features for 1416 Lee Street

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 1 x 3BR/2BA, 4 x 1BR/1BA
Multifamily Units 5
Individually Metered Utilities electricity

Building Details

Year Built 1890
Tenancy Multi
Listing Agency: eXp Realty
Listed By: Patrick Davis III · License #363984
Source: Atlanticsaltrealty
Added: May 14 Changed: Oct 30 Last Checked: Oct 30 at 2:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

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Investment Insights

Based on property information with market context.

Built in 1890, this multifamily property contains five apartments, each with a private entrance. The unit mix includes one three-bedroom, two-bath residence and four one-bedroom, one-bath residences. Electricity is metered separately for each apartment, and all five units are tenant-occupied.

The property is in Brunswick’s Historic District, within walking distance of downtown restaurants, shops, and local attractions. St. Simons Island and Jekyll Island are a short drive away.

Key Highlights

  • Five apartments: one 3‑bedroom, 2‑bath unit and four 1‑bedroom, 1‑bath units
  • All five units are tenant‑occupied
  • Private entrance for each apartment

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,012
Businesses Nearby

Demographics for 31520, GA

22,726
Population
10,619
Households
2.1
Avg Household Size
39
Median Age
16%
College-Educated
84%
High-School Grad
20.1 sq mi
ZIP Area
1,131
Density / Sq Mi
$37,652
Median Household Income
$26,292
Median Earnings
$936
Median Rent
$135,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five separately entered residences have individual electric meters, with every apartment currently occupied by a tenant.
Where is this apartment building located?
The property is located at 1416 Lee Street Brunswick, GA.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Five apartments: one 3‑bedroom, 2‑bath unit and four 1‑bedroom, 1‑bath units; All five units are tenant‑occupied; Private entrance for each apartment
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