3554 Thorpe Macon, GA 31204
Multi-Family (2-4 Units)
MLS #: 10449384
Courtesy Of Realty East Cobb dba Keller Williams Realty Atlanta North
Property InformationDescription
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 unitCoresulting 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. DonCOt miss out on this high-yield investment. Contact us today for more details on financing, renovation plans, and how to maximize your return!
Features
- Age: 41-50 Years Old
- Amenities: Dock
- Architecture Style: Other
- Exterior Type: Stone, Vinyl Siding
- Heating System: Central Furnace
- Lot Size: 0.11 Acres
MAP & DIRECTIONS
School Information
3554 Thorpe, Macon, GA 31204
Elementary School
Grades PK-5 |
Public School
UNION ELEMENTARY SCHOOL
Macon, GA 31210
4831 Mamie Carter Dr
478.773.2629
Distance: 2.0 mi
School Rating
D
Student:Teacher Ratio
15:1
Total Students
493
Middle School
Grades 6-8 |
Public School
WEAVER MIDDLE SCHOOL
Macon, GA 31206
2570 Heath Rd
478.779.4630
Distance: 3.4 mi
School Rating
D
Student:Teacher Ratio
16:1
Total Students
952
High School
Grades 9-12 |
Public School
WESTSIDE HIGH SCHOOL
Macon, GA 31206
2851 Heath Rd
478.779.3800
Distance: 3.9 mi
School Rating
D
Student:Teacher Ratio
18:1
Total Students
1030
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| John Robert Lewis Elementary School | 0.9 mi | Public | PK-5 | D+ |
| Covenant Academy | 1.2 mi | Private | PK-12 | |
| Bethany Christian Academy | 1.3 mi | Private | 1-8 | |
| Georgia Academy For The Blind | 1.3 mi | Public | 1-12 | |
| Price Academy | 1.5 mi | Public | 4-10 | |
| Woodfield Academy | 1.7 mi | Private | 2-12 | |
| Hartley Elementary School | 1.9 mi | Public | PK-5 | D- |
| Miller Middle School | 2.0 mi | Public | 6-8 | C+ |
| Vineville Academy | 2.1 mi | Public | PK-5 | C+ |
| Central High School | 2.1 mi | Public | 9-12 | C- |
| Cirrus Charter Academy | 2.2 mi | Public | KG-8 | D |
| Taylor Elementary School | 2.3 mi | Public | PK-5 | D- |
| Wimbish Adventist School | 2.3 mi | Private | 1-8 | |
| St Peter Claver | 2.4 mi | Private | PK-8 | |
| Williams Elementary School | 2.6 mi | Public | PK-5 | D- |
| Veterans Elementary School | 2.6 mi | Public | PK-5 | D- |
| Ballard-hudson Middle School | 2.7 mi | Public | 6-8 | D |
| Ingram-pye Elementary School | 2.8 mi | Public | PK-5 | D |
| Alexander Ii Magnet School | 2.8 mi | Public | PK-5 | A+ |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Macon, GA 31204
| Median Age: | 37.2 |
|---|---|
| Married: | 23% |
| Number of Households: | 11,739 |
| Households with Children: | 28.3% |
Macon, GA 31204
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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