138 Comer Terrace, Macon, GA 31204

$129,900

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List Price
$129,900
Status
ACTIVE
Days on Market
3
MLS#
10812108
Subtype
Residential Income
Year Built
1923
Lot Size
4,791
Acres
0.11
Subdivision
Payne Mill

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

Heating
Other
Air Conditioning
Window Unit(s)
Stories
1 Story
Levels
One
Parking
None
Elementary School
Other
High School
Howard

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Calculator source: Real Geeks

Listing courtesy of HomeSmart.

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