Turn key investment opportunity on a corner lot off of Mercer University Drive. Home has been completely renovated with new doors, windows, roof, electrical, plumbing, kitchen, HVAC, floors, and paint! Two bedroom, one bath home with fenced-in yard. Property is located only 7 minutes from Downtown Macon, 4 minutes from Mercer University and I-75, and 3 minutes from the Macon Mall that will soon house the new Amphitheater! Tenant is scheduled to move in on 7/1 at $750 per month.
SOLD REALTY GROUPLicense #378710Listed on: 06/20/2022
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$521
Year Built
Built in 1953
Lot Details
4,356
Home Design
Stucco
Interior Spaces
624 Sq Ft Home
1-Story Property
Combination Kitchen and Dining Room
Bedrooms and Bathrooms
2 Bedrooms
1 Full Bathroom
Additional Features
4,356 Sq Ft Lot
Central Heating and Cooling System
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$521
Year Built
Built in 1953
Lot Details
0
Listing Details
Class: RESIDENTIAL
Type: Investment
Estimated Age: 69
District: 11
Total Finished Price per Sq Ft: 104.97
Level: 1 Story
Year Built: 1953
Special Features: None
Property Sub Type: MultiFamily
Stories: 1
Interior Features
Above Grade Finished Sq Ft: 624
Bedrooms: 2
Master Bedroom On Mainflr: Yes
Full Bathrooms: 1
Dining Room Type: Combo
Kitchen Appliances: Refrigerator
Number Of Dining Areas: 1
Number Of Living Areas: 1
Total Apx Finished Sq Ft: 624
Exterior Features
Construction: Stucco
Construction Status: ReSale
Utilities
Air Conditioner: Central Electric
Heat: Central Electric
Sewer: City/County
Water: City/County
Schools
Elementary School: Bibb-Hartley
Middle School: Bibb-Ballard Hudson
High School: Bibb-Southwest
Lot Info
Estimated Lot Size: 0.1
Geo Subdivision: GA
Land Lot: Res
Ownership History
DateNameOwned ForOwner Type
Jul 2022 - PresentWall Steven and Schallot David2 Years and 10 Months
Private Individual
Purchase Details
Listed on
Jun 20, 2022
Closed on
Jul 28, 2022
Sold by
Brabham Realtors Llc
Bought by
Wall Steven and Schallot David
Seller's Agent
Dailan Hughes
SOLD REALTY GROUP
Buyer's Agent
Non-MLS Transac NON-MLS TRANSACTION
Central Ga. MLS
List Price
$75,000
Sold Price
$65,500
Premium/Discount to List
-$9,500
-12.67%
Total Days on Market
10
Current Estimated Value
$66,862
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,362
Avg. Annual Appreciation
0.74%
Original Mortgage
$47,250
Outstanding Balance
$23,724
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$43,138
Sep 2021 - Jul 2022Brabham Realtors Llc10 Months
Company
Purchase Details
Closed on
Sep 13, 2021
Sold by
Macon Bibb County
Bought by
Brabham Realtors Llc
Sep 1953 - Sep 2021Rease Inez68 Years
Private Individual
Purchase Details
Closed on
Sep 29, 1953
Sold by
Meadows E B
Bought by
Rease Inez
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Calling all Investors, your opportunity to purchase a brick duplex at a great price has arrived! This one has consistent income already in place with plenty of potential for increasing rent prices over time. Call today before it's too late. PLEASE DO NOT DISTURB THE TENANTS!
Jerrod OttingKeller Williams Realty Middle Georgia
Calling all investors!! You don't want to miss out on this opportunity. This home is located in a well-established neighborhood situated on a nice lot convenient to shopping and grocery stores! A little TLC will make this home a beautiful place for someone to call home or a great investment.
Great Investment Opportunity! Both Units Tenant Occupied at $400 per unit. Adjacent Property also for sale. (MLS#179259- 4089 Brookdale Ave.) Showings during due diligence only. Contact Agent for more information today!
Great Investment Opportunity! Tenant Occupied at $800. Currently on one utility meter with walk-through access between units, but could easily be converted back to duplex. Adjacent Property also for sale. (MLS#179254- 4109 Brookdale Ave.) Showings only during due diligence period. Contact Agent for more information today!
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
This home is located at 488 Grosso Ave, Macon, GA 31204 since 20 June 2022 and is currently estimated at $66,862, approximately $107 per square foot. This property was built in 1953. 488 Grosso Ave is a home located in Bibb County with nearby schools including Hartley Elementary School, Southwest High School, and Cirrus Charter Academy.
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