955 Elder ST, Macon, GA 31217
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Elizabeth Harvill

Elizabeth Harvill

+1(912) 245-1186
$55,000
Est. payment /mo
0.49 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex,Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Fort Hill

MLS Listing ID 10711609

HOA Y/N No

Year Built 1967

Annual Tax Amount $450

Tax Year 2025

Lot Size 0.490 Acres

Acres 0.49

Lot Dimensions 21344.4

Property Sub-Type Multi Family,Duplex,Quadruplex

Source Georgia MLS 2

Property Description

Two Brick Duplexes 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 (only), but can refer you to professionals in all of these areas. Large roughly half-acre lot (.49 acre) could probably acommodate a third duplex for future value add.

Location

State GA

County Bibb

Rooms

Bedroom Description No

Basement None

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features None

Garage Spaces 6.0

Community Features None

Utilities Available Electricity Individual Meters

View Y/N No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Faces GPS Friendly

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

Others

HOA Fee Include None

Tax ID S0640210

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Special Listing Condition Fixer

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955 Elder ST

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Elizabeth Harvill
Elizabeth Harvill

Agent | License ID: 421606

+1(912) 245-1186 | elizabeth.harvill@exprealty.com

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