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$50,000
955 Elder Street, Macon, GA 31217Listing ID 7817041

955 Elder Street, Macon, GA 31217

Active
Fort Hill
Time on site: 5 days • Last updated: 3 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Acres
Acres
0.49
Days on Site
Days on Site
4
Cooling
Cooling
None
Heating
Heating
None
Year Built
Year Built
1967
Parking
Parking
Driveway

Two Brick Duplexes (4 Units!) on one lot available now! These properties need a full rehab. The ARV (After Renovation Value) on these is around $300k depending on finishes and rental amounts once complete. I estimate you could get these rent ready for $100-150k. Rents will be $700 per unit or $2800 total once renovated. You could purchase these and renovate them using a self-directed 401k, or you could use cash or a home equity loan and refinance it with a DSCR (Debt Service Coverage Ratio) Loan once complete. There are lots of options to add real estate to your retirement portfolio with the right team of contractors, property managers, lenders and advisors. I am a REALTOR, but can refer you to professionals in all of these areas. Large roughly half-acre lot (.49 acre) could probably accommodate a third duplex for future value add.

Property Information

Property Details

Location

Address
955 Elder Street
County
Bibb - GA
City
Macon
Zip Code
31217
Subdivision
Fort Hill
High School
Bibb - Other
Elementary School
Bibb - Other
Keller Williams Realty Metro Atlanta, (404) 564-5560

Interior Features

Heating and Cooling

Cooling
None
Heating
None

Building

Building Information

Year Built
1967
Construction
Brick
Roof
Composition
Condition
Fixer

Property Taxes

Tax Annual Amount
$450
Tax Year
2025

Market Report for 31217

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: First Multiple Listing Service
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For corrections to this data please contact Brytecore MLS Support.

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