BEDS0
BATHS
MLS#10820369
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFort Hill
NEIGHBORHOODMacon
Property 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: None
Garage: 9
Heating: None
Lot Size: 0.49 Acres
Stories: 1.0
Taxes: $450
Year Built: 1967
Feature Descriptions
Days on Site: 8
Exterior: Brick
Parking Notes: Off Street
Sewer: Public Sewer
Units: 4
Water: Public
Local Schools
High School: Other
Middle School: Other
Elementary School: Other
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty
Agency Phone: 404-564-5560
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: GAMLS
Estimate Your Payment
Estimated Payment
$ 163.36 per month $111.28 Principal & Interest $37.50 Property Tax $14.58 Homeowner's InsuranceChange Payment Information
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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955 Elder Street | MLS# 10820369
This multi-family property located at 955 Elder Street, Macon, GA 31217 is currently listed for sale with an asking price of $50,000. Search Macon real estate on www.clhomes.com today.