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1514 Dexter AVE Macon, GA 31204
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Key Details
Sold Price $74,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Windemere
MLS Listing ID 7358612
Sold Date 06/04/24
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1950
Annual Tax Amount $579
Tax Year 2023
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Excellent investment opportunity! Professionally managed with Macon Housing Authority paying the rent, this investment provides true passive income. Currently rented for $750/mo (with potential to increase to the market rent of $925 at next renewal period in September). Tenant has been in the property many years and has no plans on moving. This Cash Cow exceeds the 1% rule and will generate income with a great, reliable tenant in place. Macon is growing and expected to explode in the coming years as it establishes itself as a major transportation HUB and tourist destination. Don't regret passing up this turn key investment.
Location
State GA
County Bibb
Lake Name None
Interior
Heating Central
Cooling Central Air
Window Features None
Exterior
Parking Features None
Fence None
Community Features None
Utilities Available None
Waterfront Description None
View Other
Roof Type Other
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Other
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
New Construction No
Construction Status Resale
Schools
Elementary Schools Bibb - Other
Middle Schools Weaver
High Schools Westside - Bibb
Others
Senior Community no
Tax ID N0820238
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Special Listing Condition None
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Bought with Keller Williams Realty Metro Atlanta
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