Excellent investment opportunity! Professionally managed with Macon Housing Authority paying the rent, this investment provides true passive income. Currently rented for $750/mo (with potential to increase to the market rent of $925 at next renewal period in September). Tenant has been in the property many years and has no plans on moving. This Cash Cow exceeds the 1% rule and will generate income with a great, reliable tenant in place. Macon is growing and expected to explode in the coming years as it establishes itself as a major transportation HUB and tourist destination. Don’t regret passing up this turn key investment.
Date Added: 3/26/24 at 5:00 am
Last Update: 4/20/24 at 2:18 pm
Interior
- GeneralCrown Molding, Entrance Foyer, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, Sauna, Walk- In Closet(s), Wet Bar
- RoomsBasement, Loft
- AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Refrigerator
- LaundryMain Level, Upper Level
- BasementDaylight, Exterior Entry, Full, Unfinished, Other
- FlooringCeramic Tile, Hardwood
- A/CCentral Air
- HeatingCentral
- FireplaceBasement, Family Room, Fireplaces: 0
- Disability FeatureNone
- Eco/Green FeatureNone, None
Exterior
- GeneralBalcony, Lighting, Private Yard, Private
- StyleContemporary, Modern
- PoolNone
- ParkingNone
Construction
- RoofingOther
- WindowsNone
- GeneralFrame, One
Location
- Road/AccessCity Street
- Originating MLSFirst Multiple Listing Service
- CountyBibb - GA
- HOA AmenitiesMaintenance Grounds, 0.0
Lot
- ZoningWINDEMERE, N0820238
- ViewOther
- FencingNone
- Current UseOther
Utilities
- UtilitiesNone
- WaterPublic
- SewerPublic Sewer
Financial
- SourceFirst Multiple Listing Service
Schools
- DistrictBibb County School District
- ElementaryBibb - Other
- MiddleWeaver
- HighWestside - Bibb
What's Nearby?
Bank
- Bank OZK (3.32 mi)1 reviews
- Bank of America Financial Center (1.2 mi)1 reviews
- 1 reviews
Restaurants
- Oliver's Corner Bistro (3.02 mi)145 reviews
- 3rd & Cherry (3.15 mi)24 reviews
- FOJ an Eatery (2.77 mi)128 reviews
Coffee Shops
- Oh Honey Baking (2.29 mi)22 reviews
- Cathedral Coffee (5.82 mi)60 reviews
- Z Beans Coffee - Mercer Village (1.78 mi)21 reviews
Transit Stations
- Macon-Bibb County Transit Authority (3.32 mi)1 reviews
- Groome Transportation (6.4 mi)58 reviews
Grocery
- The Fresh Market (2.99 mi)32 reviews
- Village Marketplace (2.31 mi)2 reviews
- ALDI (1.78 mi)4 reviews
Gas Stations
- Raceway (3.09 mi)3 reviews
- Marathon (3.71 mi)1 reviews
- Flash Foods (2.43 mi)1 reviews
Park
- Central City Park (5.14 mi)1 reviews
- Amerson River Park (3.52 mi)11 reviews
- 8 reviews
Bars
- Sparks Sports Bar (1.08 mi)4 reviews
- The Society Garden (2.31 mi)31 reviews
- Back Porch Too Lounge (3.13 mi)10 reviews
Education
- Stratford Academy (4.89 mi)4 reviews
- Wesleyan College (3.74 mi)8 reviews
- Cirrus Academy Charter School (1.13 mi)2 reviews