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Macon,GA 31217
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Woolfolk
MLS Listing ID 7484525
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1950
Annual Tax Amount $1,092
Tax Year 2023
Lot Size 5,662 Sqft
Acres 0.13
Property Description
WOW! This is the ultimate cash cow investment opportunity in Macon, GA, designed to impress any savvy investor. This single-family home is uniquely set up like a triplex, offering an incredible opportunity for strong monthly cash flow and a high return on investment. With three units providing a combined rental income potential of $2,250 per month, this property is a no-brainer for anyone looking to grow their portfolio or secure passive income.
Unit A, which is currently vacant, is priced at $700 per month, making it an excellent opportunity to either move in your own tenant or increase the rent for even higher returns. Unit B is occupied by a reliable Section 8 tenant paying $800 per month, ensuring consistent and guaranteed rental income. Unit C, also vacant and ready for immediate leasing, has a rental potential of $750 per month. Together, these units represent a property that's not just lucrative but also flexible in its options for any investor.
This home is being offered as-is, and the seller is seeking cash or conventional buyers who understand the immense potential of a property like this. Inspections are welcome but will take place only during the due diligence period after an agreement is pending. This keeps the process smooth and streamlined for serious buyers, allowing you to focus on analyzing the property's value and making your offer count.
With a combined monthly rental income of $2,250, this property offers a fantastic cap rate and a solid path to building equity. Whether you're looking to rent out all three units or live in one while leasing the others, the possibilities are endless. Opportunities like this don't last long, and the seller is accepting highest and best offers, so time is of the essence.
If you're ready to seize a property that offers immediate income potential, flexibility, and long-term growth, this is the investment you've been waiting for. Don't let this cash cow slip through your fingers—act now and start building your financial future today!
Location
State GA
County Bibb
Lake Name None
Interior
Heating Central,Wall Unit(s)
Cooling Ceiling Fan(s),Central Air
Flooring Carpet,Wood
Window Features Wood Frames
Exterior
Parking Features None
Fence None
Community Features None
Utilities Available Electricity Available,Natural Gas Available
Waterfront Description None
View City
Roof Type Tar/Gravel
Accessibility None
Handicap Access None
Total Parking Spaces 3
Private Pool false
Building
Lot Description Other
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Aluminum Siding,Shingle Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools Bruce
Middle Schools Bibb - Other
High Schools Bibb - Other
Others
Senior Community no
Tax ID R0720082
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None