$89,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
0.11
Open Houses
-
year built
1984
Full Baths
0
Half Baths
0
This LEGAL DUPLEX is a prime investment opportunity offering immediate RENTAL INCOME. Each unit features 2 BEDROOMS and 1 BATHROOM, complete with its own kitchen. Currently, the property generates $800 per month from long-term tenants on MONTH-TO-MONTH LEASES. With a certified ARV APPRAISAL of $135,000 and a detailed contractor bid of $40,000 for renovations to make both units SECTION 8 READY, this property has immense potential. Once updated, the duplex can yield $1,500 per month in rental income through the Macon Housing Authority, with an approved rent of $750 per unitCoresulting in an impressive 20% ANNUAL RENTAL CAP RATE. This is an ideal opportunity for investors seeking to utilize a HARD MONEY BRIDGE LOAN, complete renovations, and refinance into a 30-YEAR MORTGAGE. The seller is willing to assist with tenant placement post-renovation. DonCOt miss out on this high-yield investment. Contact us today for more details on financing, renovation plans, and how to maximize your return!
Location | |
Subdivision | Del Park |
County | Bibb |
Elementary School | Union |
Middle School | Miller Magnet |
High School | Central |
Find out more
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MLS number: 10449384
Listing agent:
Gabriel Z Bettsack
Listing broker:
Realty East Cobb Dba Keller Williams Realty Atlanta North
(770) 509-0700
Copyright © 2025 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Thursday, February 6 2025 at 3:30 p.m. EST
Kotohomes National