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For sale by owner
  • $999,000

    2410 Goodwin Dr #1-12, Macon, GA 31206

    24beds
    7,200sqft
    : 
    MultiFamily
    Built in 1963
    -- sqft lot
    $492,100 Zestimate®
    $139/sqft
    $-- HOA

    What's special

    Brick with tile floorsTile floorsDurable brick
    PLEASE No wholesalers, realtors or big companies. Creative terms. 6 duplexes sold together. 12 TURNKEY units! 24 bed 12 bath Cash Cow....especially if you look at the cash on cash with our terms! (Details at the bottom. Only 150k down.) Low maintenance, section 8, HCV and Veteran Program Housing. (Section 8 HUD rate for these in this zip is $1170/unit thats $14,040/month! TONS OF UPSIDE) The following link will show you what HUD/section 8 is willing to pay in the area : https://www.huduser.gov/portal/datasets/fmr/smallarea/index.html. Affordable housing weathers recessions and economic downturns. We love our current tenants and just haven't wanted to change them out for section 8. They are currently rented for $650 a month. Amazing on-site property manager you will want to keep and we are actually non-negotiable on that! Fully rented. Separate 1b/2bed utilities. The buildings are brick with tile floors. Very low expenses. No dishwashers, no clothes washers, no expensive central air compressors to worry about breaking down. All units are ac/window units which are very cheap to replace if it is ever necessary. Let the government make your tenants' rent payments! To summarize, Current income is 650x12 (minus one unit for the on site manager) = 7150/mo if raised to section 8 amounts =$168,480/year! Monthly expenses are simple. yard maintenance (125/mo) and dumpster (240/mo) insurance and tax are about 2200/ea annually. Terms: Purchase price: 999k 15% down 6.5% rate on 5 or 10 year interest only balloon. Monthly payment is about 4600/mo. These are located in an Opportunity Zone, great for taxes and capital gains. Google it to learn more. We are only selling as we have an even better opportunity locally. Walk through videos available. https://youtube.com/shorts/zsYSsX84NCM?feature=share https://youtube.com/shorts/vzBYf0sz7F4?feature=shareWalk through videos available. https://youtube.com/shorts/zsYSsX84NCM?feature=share https://youtube.com/shorts/vzBYf0sz7F4?feature=share
    442 days
    on Zillow
    |
    351
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    21
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    Listed by:

    (801) 872-8112

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    • Bathrooms: 12
    • Full bathrooms: 12
    Interior area
    • Total interior livable area: 7,200 sqft

    Property

    Lot
    • Size: 1 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • New construction: No
    • Year built: 1963

    Community & HOA

    Location
    • Region: Macon

    Financial & listing details

    • Price per square foot: $139/sqft
    • Date on market: 3/26/2024
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