Description
PRICE IMPROVEMENT on these 8 turnkey investment properties located in Macon, offering immediate cash flow and strong rental history. This package features a mix of 1-3 bedroom single-family homes with stable tenants in place and consistent income performance. Properties are well-distributed across established neighborhoods, providing diversification in unit size and tenant base. The portfolio is professionally managed, offering a streamlined ownership experience. With a total monthly gross income of $6,770 and an estimated cap rate of 7.28%, this portfolio presents an excellent opportunity for both new and seasoned investors seeking reliable returns. All properties are leased with annual terms in place. Portfolio includes: 1087 Radio Dr; 1762 Oglesby Pl; 1779 Oglesby Pl; 1934 Christian Ave; 3312 Sharon Dr; 1553 Virginia Ave; 1188 Burton Ave; 1852 Christian Ave, Macon, GA.. Do not disturb tenants. Showings during due diligence period only.
Details
| MLS # | 10739815 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 165 |
| Listing Provided By | Southern Realty Group of GA, Inc. | Gina Nicholas |
Features
| Story(s) | 1 |
|---|---|
| Units | 8 |
| Acreage | 0.20 |
Interior
| Cooling | Ceiling Fan(s), Central Air |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Central |
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
Exterior
| Construction Materials | Brick, Wood Siding |
|---|
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Attached, Parking Pad |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 542.17 |
|---|---|
| Tax Year | 24 |
Location
| Community Features | None |
|---|
Area Information
| State | GA |
|---|---|
| County | Bibb |
| City | Macon |
| Zip Code | 31204 |
| Area | Bibb |
| Community Name | Oglesby Place |
| School District | Westside |
| Elementary School | Other |
| High School | Westside |
| Listing VS Median (in Oglesby Place) | |
Price: $699,900 low | high Med: $95,000 On site: 165 low | high Med: 20 | |
Market Activity 31204
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Learn More About This Property
| State | GA |
|---|---|
| County | Bibb |
| City | Macon |
| Zip Code | 31204 |
| Area | Bibb |
| Community Name | Oglesby Place |
| School District | Westside |
| Elementary School | Other |
| High School | Westside |
| Listing VS Median (in Oglesby Place) | |
Price: $699,900 low | high Med: $95,000 On site: 165 low | high Med: 20 | |