GA
Bibb
Macon
31217
955 Elder Street
955 Elder Street, Macon, GA 31217
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Listing Type
Multi Family
Listing Status
Active
4
$58,900

Home Details for 955 Elder Street

Price
$58,900
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1967
Lot size acres
0.49
County
Bibb
Garage
Days on site
28
MLS Listing#
7709263
Property Description

Two Brick Duplexes 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 (only), but can refer you to professionals in all of these areas. Large roughly half-acre lot (.49 acre) could probably acommodate a third duplex for future value add.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • None
  • Water Features
    • Public
  • Utilities
    • None
  • Parking
    • None
School Information
School Information for 955 Elder Street, Macon, GA 31217
Elementary School
Bibb - Other
Middle School
Bibb - Other
High School
Bibb - Other
Listing Courtesy: Keller Williams Realty Metro Atlanta - 404-564-5560
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Last Updated: 2026-02-06 10:11:59
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EXIT GRASSROOTS REALTY
3217 New MacLand Rd #10, Powder Springs, GA 30127
Office
770 490 1762
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