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The Tucker Silva Team

tuckersilvateam@evmountains.com +1(706) 299-3799

$ 89,000

Est. payment -/mo

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3554 Thorpe ST Macon, GA 31204

4,791 Sqft Lot

UPDATED:

02/05/2025 09:49 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Del Park

MLS Listing ID 7516566

Construction Status Fixer

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1984

Annual Tax Amount $1,054

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

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 unit—resulting 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. Don't 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

Lake Name None

Interior

Heating Central, Other

Cooling Central Air

Window Features None

Exterior

Parking Features None

Fence None

Community Features Other

Utilities Available None

Waterfront Description None

View Neighborhood

Roof Type Shingle

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Other

Story One

Sewer Other

Water Other

Level or Stories One

Structure Type Frame,Vinyl Siding

New Construction No

Construction Status Fixer

Schools

Elementary Schools John Robert Lewis - Bibb

Middle Schools Miller Magnet

High Schools Central - Bibb

Others

Senior Community no

Tax ID N0710667

Special Listing Condition None

Listed by Keller Williams Realty Atl North

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The Tucker Silva Team

Agent | License ID: 406085

+1(706) 299-3799

The Tucker Silva Team

3554 Thorpe ST Macon, GA 31204

Key Details

Location

Interior

Exterior

Building

Schools

Others

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3554 Thorpe ST