🔥 Hot Full Gut Macon Property @ 46% of ARV 🔥

Bibb County, Macon, GA, 31204
Sold
Listed at: August 21st, 2023
Price
$59,000
ARV
$130,000
Gross Margin
$71,000
Sq. Footage
1266
Type
Single-Family
Parking
Assigned
Year build
1988
Lot size
0.59 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

💰 ARV: $130k +/- 💰

Repairs Level: Heavy

Market Rent: $1,400-1,500/mo

🏡 Hot Full Gut Macon Property @ 46% of ARV 🏡

Property Highlights:

  • Type: Charming wood frame home with immense potential.
  • Rehabilitation: Ready for your personal touch and upgrades to transform it into your dream home.
  • Garage: Convenient 1-car garage for secure parking and storage.
  • Roof: Recently replaced roof, ensuring long-lasting protection (less than 5 years old).
  • Utilities: Connected to city water and sewer systems, enhancing convenience and comfort.
  • Outdoor Space: Expansive lot spanning 0.59 acres, providing ample space for outdoor activities and landscaping.
  • Location: Situated in Macon, offering a blend of suburban tranquility and city accessibility.
  • Investment Value: Unbelievable opportunity to acquire a property at only 46% of its estimated After Repair Value (ARV).
  • Vacant: Ready for immediate possession, allowing you to start your renovation and design journey promptly.
  • Flood Zone: The property is located in a flood zone, which might require additional considerations for protection and insurance.
  • Investor's Delight: Perfect for investors looking to maximize returns by acquiring a property significantly below market value.
  • Prime Location: Macon's attractions, services, and conveniences are all within reach, making this property's location highly desirable.
  • Endless Possibilities: From expanding the living space to creating a lush garden, the generous lot size offers a myriad of creative possibilities.
  • Limited Competition: The remarkable pricing and potential make this property an outstanding find in the real estate market.

Financing Available - Click Here!

PID # 55282

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Sergio Santa

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Disposition manager