GA
Bibb
Macon
31206
806 Armory Drive
806 Armory Drive, Macon, GA 31206
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Listing Type
Multi Family
Listing Status
Active
14
$219,900

Home Details for 806 Armory Drive

Price
$219,900
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1970
Lot size acres
0.14
County
Bibb
Garage
Basement
None
Days on site
1
MLS Listing#
10708814
Property Description

This turnkey duplex is less than a mile from Mercer University and delivers strong day one cash flow with a cap rate above 10 percent. Must be purchased with adjacent & identical duplex that is on a separate parcel. Two stable duplexes with value add opportunity! Each unit is a spacious 3 bedroom, 1 bath layout with updated interiors featuring LVP flooring throughout, tile bathrooms, and fresh paint. Clean, durable finishes keep maintenance low and tenant appeal high. Rents currently range from $950 to $1,250 per month per unit, providing immediate income from day one. The property is already renovated and stabilized with solid cash flow, yet offers light to moderate value add opportunity through strategic upgrades and rent optimization. Investors can increase income & value through improved amenities, exterior enhancements, or continued rent adjustments to market rates. These units have functional layouts with updated interiors. Adjacent duplex is located at 2503 Felton Ave. Total price for both duplexes is $439,800 and they must be purchased simultaneously. Additional information available upon request.

Property Features
  • Cooling Information
    • Window Unit(s)
  • Heating Information
    • Baseboard
  • Water Features
    • Public
  • Utilities
    • Sewer Connected
  • Parking
    • Off Street
  • Basement
    • None
School Information
School Information for 806 Armory Drive, Macon, GA 31206
Elementary School
Ingram Pye
Middle School
Other
High School
Southwest
Listing Courtesy: Rivoli Realty - 478-477-6528
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EXIT TEAM REALTY
1755 The Exchange, Suite 204, Atlanta, GA 30339
Office
678 424 8300
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