955 Elder Street, Macon, GA 31217
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
955 Elder Street,Macon, GA 31217
$50,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: patrick peyer
Office: keller williams realty
MLS#:10820369
Source:METROMLS
Price summary
- Price:$50,000
About this home
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.
Contact an agent
Home facts
- Year built:1967
- Subdivision & Development:Fort Hill
- Listing ID #:10820369
- Updated:August 07, 2026 at 04:28 AM
Structure and exterior
- Year built:1967
- Lot area:0.49 Acres
- Construction Materials:Brick
- Levels:1 Story
Schools
- High school:Other
- Middle school:Other
- Elementary school:Other
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$50,000
- Tax amount:$450 (2025)
Parking
- Total parking spaces:9
- Parking description:Off Street Parking
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