3554 Thorpe Street

Macon, GA 31204

$89,000
Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This LEGAL DUPLEX offers a great investment opportunity with immediate RENTAL INCOME. Each 2 BEDROOMS, 1 BATHROOM unit has its own kitchen and is currently generating $800 monthly from long-term tenants on MONTH-TO-MONTH LEASES. The property has a certified ARV APPRAISAL of $135K, and the seller's contractor bid for renovations to make both units SECTION 8 READY is $40,000. Post-renovation, the property can generate $1,500/month through the Macon Housing Authority, with an approved rent of $750 per...This LEGAL DUPLEX offers a great investment opportunity with immediate RENTAL INCOME. Each 2 BEDROOMS, 1 BATHROOM unit has its own kitchen and is currently generating $800 monthly from long-term tenants on MONTH-TO-MONTH LEASES. The property has a certified ARV APPRAISAL of $135K, and the seller's contractor bid for renovations to make both units SECTION 8 READY is $40,000. Post-renovation, the property can generate $1,500/month through the Macon Housing Authority, with an approved rent of $750 per unit. This offers an impressive 20% ANNUAL RENTAL CAP RATE. Perfect for investors looking to use a HARD MONEY BRIDGE LOAN, renovate, and refinance into a 30-YEAR MORTGAGE. The seller is firm on price and can assist with placing tenants after renovations. Contact for more details on financing and renovation plans!
  1. Listed by Gabriel Bettsack • Keller Williams Realty Atl North

Property Details for 3554 Thorpe Street

Subdivision Complex
Del Park
Num Of Parking Spaces
0
Parking Features
None
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 12/16/2024 04:25 PM

Property Details for 3554 Thorpe Street

StatusActive
MLS #7497768
Days on Market4
Taxes$1,054 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1984
Lot Size0.11 AC / 4,791 SF
CountyBibb County

Building Information for 3554 Thorpe Street

Stories1Residences2Year Built1984Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 3554 Thorpe Street

Summary
Location and General Information
  • Community Features: Other
  • Directions: GPS friendly.
  • Lake Name: None
  • View: Neighborhood
  • Coordinates: -83.690948, 32.845747
Taxes and HOA Information
  • Parcel Number: N0710667
  • Tax Year: 2024
  • Association: No
  • Tax Legal Description: INDUSTRIAL HEIGHTS
School Information
  • Elementary School: John Robert Lewis - Bibb
  • High School: Central - Bibb
  • Middle School: Miller Magnet
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Central, Other
  • Levels/Stories: One
  • Window Features: None
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Frame, Vinyl Siding
  • Dock: None
  • Fencing: None
  • Roof Type: Shingle
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Other
  • Utilities: None
  • Water Source: Other
Property and Assessments
  • Home Warranty: No
  • Property Condition: Fixer Upper
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Lot Features: Other
  • Acreage Source: Public Records
  • Lot Size Dimensions: 95 x
  • Waterfront Footage: 0.0
Multi Family
Multi-Family Information
  • Unit Count: 2
  • NUM OF UNITS: 2
Unit 1
  • Unit Deposit Amount: $.00
  • Unit Electric Included: No
  • Unit Features: Other
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: No
  • Unit Rent Amount: $400.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 2
  • Unit Deposit Amount: $.00
  • Unit Electric Included: No
  • Unit Features: Other
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: No
  • Unit Rent Amount: $400.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Rental
Rent Information
  • Occupant Types: Tenant

Property History for 3554 Thorpe Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3554 Thorpe Street

Taxable ValueLand$990Additions$41,913Total$42,903
Tax Record2024$1,090 ($91 / month)
Home Facts
Baths2Total Finished SqFt1,674 SqFtAbove Grade Finished SqFt1,674 SqFtStories1Lot Size4,792 SqFtStyleDuplexYear Built1984ZoningR-2CountyBIBBAPNN071-0667

Schools near 3554 Thorpe Street

This home is within Bibb County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Union Elementary School
PublicPK to 5

Weaver Middle School
Public6 to 8

Westside High School
Public9 to 12

John Robert Lewis Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3554 Thorpe Street is a multi-family home for sale in Macon, GA 31204. This property was listed for sale on December 13, 2024 by Keller Williams Realty Atl North, it's currently listed at $89,000. It has been on the market for a total of 4 days and was last sold on October 19, 2023. This listing's school district is Bibb County School District. Nearby schools include Union Elementary School, Weaver Middle School and Westside High School. 3554 Thorpe Street is a 4-bed, 2-bath, multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Atl North, Gabriel Bettsack

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.