About This Home
This 0-bedroom, 0-bathroom multi-family at 138 Comer Terrace in Macon, GA is listed for $129,900. Built in 1923, on a 0.11 acres lot.
Key Features
- Built in 1923
- 0.11 acre lot
- 2 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$695/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
138 Comer Terrace
Macon, GA 31204
Payne Mill
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 138 Comer Terrace is listed at $129,900. The estimated monthly payment is $695 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1923, 0.11 acre lot, 2 parking spaces.
This property is listed by Caryn Liss and can be reached at 4048764901.