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
For sale by owner
$999,000
2410 Goodwin Dr #1-12, Macon, GA 31206
24beds
7,200sqft
Est.:
MultiFamily
Built in 1963
-- sqft lot
$492,100 Zestimate®
$139/sqft
$-- HOA
What's special
Brick with tile floorsTile floorsDurable brick
- 442 days
- on Zillow |
- 351 |
- 21 |
Listed by:
(801) 872-8112
Travel times
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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