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🔥 Duplex Full Rehab/ Has House In Back

Macon, Georgia
31211
Real Estate Investment

Description of Property

Duplex/Single Family Home/off market

916 Opry Ave, Macon, GA 31217

Has a house in the back. (With a surveyor and planning/zoning, the property can be divided.)

ASKING: $53,000

Rent Market Value: $750 per unit (after repairs are made)

Rehab Cost: $50,000

(Assignment of Contract)

Direct To Seller

Year built: 1945

2beds • 1bath • 1,244sqft

Lot Size: 0.30 Acres

(CASH BUYERS ONLY)

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Description of Repairs

Both properties would require a full rehab 

  • Access:
    Message Me
  • Home Area(sqft):
    1,244
  • Property Type:
    Duplex

The Numbers

  • Asking Price ($):
    $60,000
  • As-Is Price/Sq Ft:
    $48.23
  • Est. Cost of Repairs:
    $60,000
  • After Repair Value:
    $150,000
  • ARV Price/Sq Ft:
    $120.58
  • Est. Gross Profit/Equity:
    $30,000
  • Price Negotiable?:
    Yes
  • Purchase Option:
    Cash, Hard Money,

Comparables

No info given

Property Inspection

Closing Details

  • Closing Attorney / Title Company:
    Sherman & Phalen, LLC
  • Target Closing Date:
    August 18, 2024
  • Details:
    Buyers will need to provide a $3,000 non-refundable deposit (cashiers check) at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated.

Location

Please to view the Map

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