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.
Details
| MLS # | 10812108 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 51 |
| Listing Provided By | HomeSmart | Caryn Liss |
Features
| Basement | Y |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Acreage | 0.11 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Other |
| Heating Yes / No | Yes |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 2 |
Exterior
| Construction Materials | Wood Siding |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | None |
Utilities
| Utilities | Electricity Individual Meters, Sewer Connected, Water Individual Meters |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 474 |
|---|---|
| Tax Year | 2025 |
Location
| Community Features | None |
|---|
Area Information
| State | GA |
|---|---|
| County | Bibb |
| City | Macon |
| Zip Code | 31204 |
| Area | Bibb |
| Community Name | Payne Mill |
| School District | Howard |
| Elementary School | Other |
| High School | Howard |
| Listing VS Median (in Payne Mill) | |
Price: $129,900 low | high Med: $77,500 On site: 51 low | high Med: 44.5 | |
Market Activity 31204
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Learn More About This Property
| State | GA |
|---|---|
| County | Bibb |
| City | Macon |
| Zip Code | 31204 |
| Area | Bibb |
| Community Name | Payne Mill |
| School District | Howard |
| Elementary School | Other |
| High School | Howard |
| Listing VS Median (in Payne Mill) | |
Price: $129,900 low | high Med: $77,500 On site: 51 low | high Med: 44.5 | |
