Macon Cash-Flow Duplex

Bibb County, Macon, GA, 31217
Sold
Listed at: February 18th, 2021
Price
$80,000
ARV
$125,000
Gross Margin
$45,000
Sq. Footage
2072
Type
Attached
Parking
Assigned
Year build
1985
Lot size
0.21 acres
Bedrooms
4
Bathrooms
3.0
Half Bathrooms
0
Summary

CHECK OUT THIS CASH FLOWING DUPLEX!

Current Monthly Income of $1,150!

  • 2 bedroom & 1.5 baths on each side
  • Each unit has its own laundry room
  • Both units are renting at $575 per month!
  • Long term tenants
  • Opportunity to raise rents to market $800+
  • Built in 1985
  • .21 acres (9,148 sq ft) 73'x128' level lot
  • Property taxes $1,306 per year
  • Bibb County School System
  • Rents have risen +4.68 in the LAST 30 DAYS in 31217!
  • This means there is a HIGH Demand for open units in the area!
  • One unit is in great shape.. the other is going to need cosmetic updates (see pictures)

Call Rachel at (423) 358-2588 before this one is snapped up!

The last duplex in Macon sold in a day!


All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract (w/ equitable interest) with the seller of the property. I am not the owner of record.I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of our contract with the seller to the end buyer. Buyer to pay $595 closing fee to ezREIclosings for transaction coordination.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

David Olds

No reviews

Disposition manager