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Key Details
Sold Price $74,000
Property Type Single Family Home
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Windemere
MLS Listing ID 7358612
Year Built 1950
Annual Tax Amount $579
Tax Year 2023
Lot Size 8,712 Sqft
Property Sub-Type Other
Property Description
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.
Location
State GA
County Bibb
Area Windemere
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features None
Fence None
Community Features None
Utilities Available None
Waterfront Description None
View Y/N Yes
View Other
Roof Type Other
Building
Lot Description Other
Story One
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Bibb - Other
Middle Schools Weaver
High Schools Westside - Bibb
Others
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Special Listing Condition None
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Bought with Keller Williams Realty Metro Atlanta
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