Seize this rare chance to own a turn-key, 4-sided brick duplex in a convenient Macon location at an affordable price. Each unit features 2bed/1bath, perfectly suited to meet the strong rental demand in the area. Section 8 rents for 2beds units in Macon average $700-$750 per side, offering the potential to hit the coveted 1% rule with both sides rented at market rates. One unit is currently rented at $695/month to a long-term tenant, with the lease expiring on 8/31/25. Each unit is separately metered, with tenants covering all utilities except trash-presenting an additional opportunity to implement a charge-back system and further maximize returns. Refreshed less than a year ago to address major maintenance concerns, this property is move-in ready for tenants and primed for immediate income generation. The durable brick exterior and minimal maintenance requirements make it a hassle-free addition to your portfolio. Don't miss out on this prime investment opportunity! Schedule your showing today and take the first step toward building your wealth.
Looking for a property that generates multiple streams of income? Look no further than this stunning turnkey rental property yielding $1675 monthly. Unit A is generating $975; whereas, Unit B is generating $700. Utilities are covered by the landlord. With recent renovations to this property and low maintenance, this property is a great opportunity to add to your portfolio and just collect the rent from your mailbox. Well-located within minutes of I-75 and Mercer University. Make an offer today!
INVESTMENT OPPORTUNITY! Renovated DUPLEX with tenants already in place. $1050 per side - tenants have a 12-month lease in place and per contract - that can be adjusted if need. Currently landlord pays utilities but that can renegotiated as well. New carpet, new paint, new appliances. Since tenants are in place - please call and we can arrange for showings. Close to 75, shopping and schools.
Whether you're a first time investor or seasonal, here is two great Duplex to add to your investment portfolio. Each Duplex has two units with 3 bedrooms, 1 bathroom, living/dining area, Kitchen and Washer/dryer hookups. Each unit has its own separate utility bills. Selling together with 2503 Felton Avenue. Both Duplex are located across from each other. Tenants are already in place. Please DO NOT DISTURB TENANTS.
Whether you're a first time investor or seasonal, here is two great Duplex to add to your investment portfolio. Each Duplex has two units with 3 bedrooms, 1 bathroom, living/dining area, Kitchen and Washer/dryer hookups. Each unit has its own separate utility bills. Selling together with 806 Armory Drive. Both Duplex are located across from each other. Tenants are already in place. Please, DO NOT DISTURB TENANTS.
Selling four properties in one transaction. Please do not disturb renters. Will be able to see the properties once a binding contract is in place. All four houses are in good rentable condition. No deferred maintenance needed. All four properties are 100% leased - all current. See documents for all pertinent information. Property 1) 2891 Northwoods Dr, Macon, Bibb County, Georgia 31204; Tax Parcel ID # 0062-0110 Legal Description: - The same as described in Deed Book 10789, Page 327, et. seq., of the land records of the stated County - Lead Based Paint Disclosure Exhibit(F316) attached - Home Value Consideration for sale: $155,000 - 3 Bedrooms, 1.5 Bath, 1718 heated square feet, .44 acres, central HT/AC-Heat Pump, fireplace, crawlspace, brick exterior; Property 2) 3262 Ridge Ave, Macon, Bibb County, GA 30204; Tax Parcel ID# 0063-0232 Legal Description: - The same as described in Deed Book 10789, Page 327, et. seq., of the land records of the stated County - Lead Based Paint Disclosure Exhibit(F316) attached Home Value Consideration for sale: $125,000 - 2 Bedrooms, 1 Bath, 1474 heated square feet, .19 acres, central HT/AC-Heat Pump, fireplace, crawlspace, vinyl siding; Property 3) 1759 Timark Dr, Macon, Bibb County, GA 31206; Tax Parcel ID# 0093-0193 Legal Description: - The same as described in Deed Book 10912, Page 358, et. seq., of the land records of the stated County - Lead Based Paint Disclosure Exhibit(F316) attached - Home Value Consideration for sale: $123,000 - 3 Bedrooms, 1.5 Bath, 1268 heated square feet, .25 acres, central HT/AC-Heat Pump, crawlspace, brick exterior; Property 4) 1159 Mimosa Dr, Macon, Bibb County, Georgia 31204; Tax Parcel ID # N074-0227 Legal Description: - The same as described in Deed Book 11225, Page 250, et. seq., of the land records of the stated County - Lead Based Paint Disclosure Exhibit(F316) attached - Home Value Consideration for sale: $77,000 - 3 Bedrooms, 1 Bath, 1096 heated square feet, .25 acres, central HT/AC-Heat Pump, fireplace, crawlspace, brick exterior
Calling all Investors! Here is your chance to purchase a 5 unit property with 3 current leases already in place plus 2 additional units that can be renovated to provide that additional income later. Seller says bring all CASH offers. PLEASE DO NOT DISTURB THE TENANTS!
High-Yield Triplex - Exceptional Investment Opportunity with a 34% Potential Annual Rental Cap Rate! 856 Center Street, Macon, GA 31217 is a single-family home uniquely configured as a triplex. The property features Unit A (Studio), Unit B (2BR/1BA), and Unit C (1BR/1BA). It is listed at an asking price of $159,000 "As Is" with a rental income potential of $28,800 annually, based on achievable market rents after minor upgrades. Unit A is vacant and ready to rent with minor upgrades. Unit B is currently occupied by a Section 8 tenant paying $800/month ($9,600 annually). Unit C is vacant and requires light TLC work to maximize rental income. The projected monthly rent breakdown is $900 for Unit A (market rent after gas HVAC conversion), $800 for Unit B (current rent), and $700 for Unit C (after upgrades), totaling $2,400 per month or $28,800 annually. Utility savings are achievable by converting appliances and HVAC systems to gas, reducing monthly utility costs from $600 to $200, which translates to an annual savings of $4,800. A contractor quote for $11,000 covers light TLC work for Unit C and gas HVAC installations for Units A and C. Financing options include hard money bridge lenders offering 100% financing for the renovations, with the option to refinance into a 30-year fixed mortgage post-renovation. With an annual gross rental income of $28,800 and estimated annual expenses of $7,900 (including utilities, property taxes, insurance, and maintenance), the net operating income (NOI) stands at $20,900 annually, yielding a projected cap rate of 34%. This property offers a high rental yield and minimal initial outlay by leveraging financing options for renovation costs. There is tangible value-add potential by improving rents and reducing utility expenses, and the turnkey nature of the investment is ensured with a clear and marketable title. Combining affordability, immediate cash flow, and upside potential, this triplex is an excellent opportunity to transform into a cash-generating asset and secure long-term financial returns. Contact your agent today for contractor bids, financing details, rent comparables, utility savings projections, property tours, and next steps to secure this unique investment opportunity.
LARGE 1-bedroom Section-8 approved home w/small bonus room, currently rented. Income $700 pm, effective 7/2023. Home has potential for upgrades/increased earnings. Features include hardwood floors, large kitchen, good size bedroom, front porch, shed, good size back yard. OCCUPIED. DO NOT DISTURB. Home is 1 of 5 properties available, can be sold individually or as a package deal.
Looking for a great investment opportunity? Check out this all-brick duplex situated on a spacious 1-acre lot! Each unit offers 1 bedroom, 1 bath, 1 kitchen, laundry room and a living area with approximately 700 square feet of space. Whether you're an investor looking to expand your portfolio or someone seeking steady rental income, this property is a fantastic option. Units are currently rented for $560 & $520 per month, providing immediate income and excellent long-term potential. Don't let this opportunity pass you by! Call today to schedule your personal tour and start building your investment portfolio.
CALLING ALL INVESTORS! INCOME PRODUCING PROPERTIES for the price of ONE! Located on one parcel/lot. 3 bedrooms 2 bathrooms -Rent: $800, 1 bedroom 1 bathrooms with an office/flex space - Rent: $650, 1 bedroom and 1 bathroom - Rent: $400 ** Please do not disturb tenants. Units are not be shown until due diligence period. ** Conveniently located to Downtown Macon, interstate I-75 and the New Macon Amphitheater.
Fully remodeled duplex with central heat and air, full kitchen, laundry closet, 2 bedrooms, 1 full bath and private screened porch in each unit. Property being sold vacant for easy showings. Section 8 rental projections are $950 per unit. Great income potential!
ATTENTION INVESTORS!! Occupied property with 13% CAP RATE. Recently remodeled 3BR/1BA with large bonus room that could be 4th BR. Large yard. Near Southwest High School and and Macon Mall. Do not disturb tenant. Owner is a licensed real estate broker in the state of Georgia.
Calling all investors! Recently remodeled with new tenant, 3 bed, 1 bath, 1,206 sq ft. home in Groveland Park! Excellent opportunity to jump in to the rental ownership market or expand your rental portfolio. Location provides quick access to shopping, schools, the interstate and even the amphitheater and pickleball facilities. Please do not disturb tenants.
Welcome to 166 Gardner Street, your gateway to peaceful living in Macon! This spacious duplex boasts a versatile layout perfect for families or anyone seeking a comfortable and affordable retreat. Step inside and be greeted by a warm and inviting atmosphere. The open-concept living area features ample natural light and plenty of space for relaxing or entertaining. Both kitchens features ample counter space, making meal prep a breeze. The bedrooms offer comfortable accommodations for family or guests. Enjoy the outdoors on the private fenced lot, perfect for grilling, soaking up the sun, or simply enjoying the fresh air. Easy access to all the amazing activities available at next door Freedom Park! Schools and other essential amenities are also just minutes away with a convenient commute to downtown Macon. Call us today to schedule a showing!
Newly renovated, top to bottom, and ready for tenants! Unit one of this duplex has two bedrooms, one bath, full kitchen and laundry hookups. Unit two is larger with two large bedrooms, two bathrooms, living room, eat-in kitchen and storage room as well. All renovation work was permitted and includes new plumbing, electrical, roof, floors, drywall, paint, etc. This is truly a turn key property.
This North Macon duplex is suited for owner occupied or individual with a real estate portfolio. The 1109 Valley Rd Unit was built recently and is occupied with a 12 month lease agreement. The rent is $1,220 per month. The 825 S Forest Lake Drive S unit is owner occupied. This rent estimate for this unit is $1,850 or more.
Macon is located in Georgia. Macon, Georgia has a population of 156,711. Macon is less family-centric than the surrounding county with 21.24% of the households containing married families with children. The county average for households married with children is 21.24%.
The median household income in Macon, Georgia is $43,862. The median household income for the surrounding county is $43,862 compared to the national median of $69,021. The median age of people living in Macon is 36.2 years.
The average high temperature in July is 92 degrees, with an average low temperature in January of 34.2 degrees. The average rainfall is approximately 46.1 inches per year, with 0.3 inches of snow per year.