138 Comer Terrace, Macon, GA 31204

$129,900

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List Price
$129,900
MLS#
10812108
Type
Multifamily
City
Macon
County
Bibb
Subdivision
Payne Mill
Year Built
1923

Property Description

Turnkey investment opportunity generating $1,300 per month in rental income! This fully renovated historic duplex features two 1-bedroom, 1-bath units, each currently leased with one-year leases in place, providing immediate, stable rental income. Each unit currently rents for $650 per month, providing immediate income while offering future rental upside as rents continue to increase in the area. Extensive renovations include a new roof, new water heaters, updated electrical and plumbing, fresh interior & exterior paint, new appliances, refinished hardwood floors, original trim, decorative fireplaces, granite countertops, and tiled kitchens and baths. Each unit is separately metered with separate electric and water meters, allowing tenants to pay their own utilities and helping minimize owner expenses. The inviting covered front porch, high ceilings, abundant natural light, and historic character make these units highly desirable to tenants. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this well-maintained duplex offers immediate cash flow, low-maintenance ownership, and excellent long-term appreciation potential.

Additional Information

Elementary School
Other
High School
Howard
Parking
None
Basement Type
Crawl Space
Stories
1 Story
Fees Include
None
Tax Year
2025

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Calculator source: Real Geeks

Listing courtesy of HomeSmart.

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