Price Reduced Listing
Description
Two Brick Duplexes (4 Units!) on one lot available now! These properties need a full rehab. The ARV (After Renovation Value) on these is around $300k depending on finishes and rental amounts once complete. I estimate you could get these rent ready for $100-150k. Rents will be $700 per unit or $2800 total once renovated. You could purchase these and renovate them using a self-directed 401k, or you could use cash or a home equity loan and refinance it with a DSCR (Debt Service Coverage Ratio) Loan once complete. There are lots of options to add real estate to your retirement portfolio with the right team of contractors, property managers, lenders and advisors. I am a REALTOR, but can refer you to professionals in all of these areas. Large roughly half-acre lot (.49 acre) could probably accommodate a third duplex for future value add.
Details
| MLS # | 7817041 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1967 |
| Days On Site | 18 |
| Listing Provided By | Keller Williams Realty Metro Atlanta | PATRICK PEYER |
Features
| Story(s) | 1 |
|---|---|
| Units | 4 |
| Acreage | 0.49 |
| Water Front | Yes |
| Property View | Other |
Interior
| Cooling | None |
|---|---|
| Heating | None |
| Window Features | None |
Exterior
| Accessibility Features | None |
|---|---|
| Lot Features | Other |
| Construction Materials | Brick |
| Roof | Composition |
| Fencing | None |
| Waterfront Features | None |
| Security Features | None |
Parking
| Parking Features | Driveway |
|---|---|
| Open Parking Yes / No | Yes |
Utilities
| Utilities | None |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 450 |
|---|---|
| Tax Legal Description | EASTERN HGTS |
| Tax Parcel Letter | S064-0210 |
| Tax Year | 2025 |
Location
| Community Features | None |
|---|
Area Information
| State | GA |
|---|---|
| County | Bibb GA |
| City | Macon |
| Zip Code | 31217 |
| Area | Bibb GA |
| Community Name | Fort Hill |
| School District | Bibb - Other |
| Elementary School | Bibb - Other |
| High School | Bibb - Other |
| Listing VS Median (in Fort Hill) | |
Price: $49,000 low | high Med: $0 On site: 18 low | high Med: | |
Market Activity 31217
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Learn More About This Property
| State | GA |
|---|---|
| County | Bibb GA |
| City | Macon |
| Zip Code | 31217 |
| Area | Bibb GA |
| Community Name | Fort Hill |
| School District | Bibb - Other |
| Elementary School | Bibb - Other |
| High School | Bibb - Other |
| Listing VS Median (in Fort Hill) | |
Price: $49,000 low | high Med: $0 On site: 18 low | high Med: | |
