3554 Thorpe Street
Macon, GA 31204
- – beds
- – baths
- 4,792 sqft lot
- 1984 build
- – on site
This LEGAL DUPLEX is a prime investment opportunity offering immediate RENTAL INCOME. Each unit features 2 BEDROOMS and 1 BATHROOM, complete with its own kitchen. Currently, the property generates $800 per month from long-term tenants on MONTH-TO-MONTH LEASES. With a certified ARV APPRAISAL of $135,000 and a detailed contractor bid of $40,000 for renovations to make both units SECTION 8 READY, this property has immense potential. Once updated, the duplex can yield $1,500 per month in rental income through the Macon Housing Authority, with an approved rent of $750 per unit—resulting in an impressive 20% ANNUAL RENTAL CAP RATE. This is an ideal opportunity for investors seeking to utilize a HARD MONEY BRIDGE LOAN, complete renovations, and refinance into a 30-YEAR MORTGAGE. The seller is willing to assist with tenant placement post-renovation. Don’t miss out on this high-yield investment. Contact us today for more details on financing, renovation plans, and how to maximize your return!
Last checked:
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Last updated Mar 31, 2025
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MLS# 7516566 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1984
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Construction Materials:Frame
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# of Units Total:2
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Levels:One
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Roof:Shingle
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Window Features:None
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Security Features:None
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Accessibility Features:None
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Green Energy Efficient:None
Location
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Directions:GPS friendly.
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Latitude:32.845747
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Longitude:-83.690948
The Property
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Parcel Number:N0710667
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Property Type:Residential Income
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Property Type:Residential Income
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Property Subtype:Duplex
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Property Condition:Fixer
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Lot Features:Other
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Lot Size Acres:0.11
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Lot Size Dimensions:95 x
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Lot Size Source:Public Records
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View:Neighborhood
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Fencing:None
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Waterfront Features:None
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Water Body Name:None
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Property Attached:false
Listing Agent
- Contact info:
- Agent phone:
- (404) 939-2591
- Office phone:
- (770) 509-0700
Taxes
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Tax Year:2024
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Tax Annual Amount:1054
The Listing
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Virtual Tour URL Unbranded 2:https://www.propertypanorama.com/3554-Thorpe-Street-Macon-GA-31204/unbranded
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Home Warranty:false
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Special Listing Conditions:None
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Special Circumstances:Sold As/Is
Heating & Cooling
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Cooling:Central Air
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Heating:Central
Utilities
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Utilities:None
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Sewer:Other
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Water Source:Other
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Green Energy Generation:None
Schools
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Elementary School:John Robert Lewis - Bibb
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Middle Or Junior School:Miller Magnet
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High School:Central - Bibb
The Community
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Subdivision Name:Del Park
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Community Features:Other
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Association:false
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Pool Private:false
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Dock:None
Parking
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Parking Features:None
Listing Provided Courtesy of Keller Williams Realty Atl North
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Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).