3554 Thorpe ST, Macon, GA 31204 - MLS#10449384 - Bill Crouch

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Bill Crouch

River's Edge Realty

billcrouchrealty@gmail.com +1(940) 867-8265

$89,000

Est. payment - /mo

4,791 Sqft Lot

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UPDATED:

02/27/2025 06:22 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Del Park

MLS Listing ID 10449384

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1984

Annual Tax Amount $1,054

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 4791.6

Property Sub-Type Multi Family,Duplex

Property Description

This LEGAL DUPLEX is a prime investment opportunity offering immediate RENTAL INCOME. Each unit features 2 BEDROOMS and 1 BATHROOM, complete with its own kitchen. Currently, the property generates $800 per month from long-term tenants on MONTH-TO-MONTH LEASES. With a certified ARV APPRAISAL of $135,000 and a detailed contractor bid of $40,000 for renovations to make both units SECTION 8 READY, this property has immense potential. Once updated, the duplex can yield $1,500 per month in rental income through the Macon Housing Authority, with an approved rent of $750 per unitCoresulting in an impressive 20% ANNUAL RENTAL CAP RATE. This is an ideal opportunity for investors seeking to utilize a HARD MONEY BRIDGE LOAN, complete renovations, and refinance into a 30-YEAR MORTGAGE. The seller is willing to assist with tenant placement post-renovation. DonCOt miss out on this high-yield investment. Contact us today for more details on financing, renovation plans, and how to maximize your return!

Location

State GA

County Bibb

Rooms

Basement None

Interior

Heating Central, Other

Cooling Central Air

Fireplace No

Exterior

Parking Features None

Community Features None

Utilities Available Other

View Y/N No

Garage No

Private Pool No

Building

Faces GPS friendly.

Sewer Public Sewer

Water Public

Structure Type Stone Frame,Vinyl Siding

New Construction No

Schools

Elementary Schools Union

Middle Schools Miller Magnet

High Schools Central

Others

HOA Fee Include None

Tax ID N0710667

Special Listing Condition Fixer

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Bill Crouch

+1(940) 867-8265

Agent - Wichita Falls Team Lead | License ID: 493718

Agent - Wichita Falls Team Lead License ID: 493718

3554 Thorpe ST Macon, GA 31204

Bill Crouch

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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