955 Elder ST, Macon, GA 31217
955 Elder ST, Macon, GA 31217
955 Elder ST, Macon, GA 31217
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$50,000
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0.49 Acres Lot
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955 Elder ST Macon, GA 31217

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Sherry Ajluni

Sherry Ajluni

+1(678) 283-1710

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Fort Hill

MLS Listing ID 7817041

Construction Status Fixer

HOA Y/N No

Year Built 1967

Annual Tax Amount $450

Tax Year 2025

Lot Size 0.490 Acres

Acres 0.49

Property Sub-Type Duplex

Source First Multiple Listing Service

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.

Location

State GA

County Bibb

Area Fort Hill

Lake Name None

Interior

Heating None

Cooling None

Flooring None

Window Features None

Exterior

Parking Features Driveway

Fence None

Community Features None

Utilities Available None

Waterfront Description None

View Y/N Yes

View Other

Roof Type Composition

Accessibility None

Handicap Access None

Total Parking Spaces 9

Private Pool false

Building

Lot Description Other

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Construction Status Fixer

Schools

Elementary Schools Bibb - Other

Middle Schools Bibb - Other

High Schools Bibb - Other

Others

Senior Community no

Tax ID S0640210

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Special Circumstances None

First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Metro Atlanta

NEARBY SCHOOL & BUSINESS

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Sherry Ajluni

Sherry Ajluni

Team Leader | License ID: 289349

+1(678) 283-1710

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955 Elder ST

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