Macon GA Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.44 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- 10364963
- Subdivision:
- None
View additional info
Courtesy: Jubilee Real Estate, Inc.
6784586354
ADDITIONAL INFORMATION
This North Macon duplex is suited for owner occupied or individual with a real estate portfolio. The 1109 Valley Rd Unit was built recently and is occupied with a 12 month lease agreement. Renters pay in that unit pay $1,220 per month. The 825 S Forest Lake Dr S unit is owner occupied. This rent estimate for this unit is $1,750 or more. And, the math is very simple and easily understood that your investment is good. For instance, at 10% down on a 30yr conventional loan, you are looking at $13,455 return per year on your investment. Giving the interest rate today, you can get 6.5% or lower interest rate. So, financing about 292.5k for 30 yrs at 6.5%, your mortgage is $1,848.80 per month and your rental income is $2,970. Your monthly ROI is $1,121.20.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Georgia MLS. All rights reserved.
Macon Real Estate
The median home value in Macon, GA is $141,200. This is higher than the county median home value of $133,700. The national median home value is $338,100. The average price of homes sold in Macon, GA is $141,200. Approximately 43.33% of Macon homes are owned, compared to 38.58% rented, while 18.09% are vacant. Macon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Macon real estate agent to arrange a tour today!
Macon, Georgia 31210 has a population of 156,711. Macon 31210 is less family-centric than the surrounding county with 20.79% of the households containing married families with children. The county average for households married with children is 21.24%.
The median household income in Macon, Georgia 31210 is $43,862. The median household income for the surrounding county is $43,862 compared to the national median of $69,021. The median age of people living in Macon 31210 is 36.2 years.
Macon Weather
The average high temperature in July is 92 degrees, with an average low temperature in January of 34.2 degrees. The average rainfall is approximately 46.1 inches per year, with 0.3 inches of snow per year.