Turnkey, income-producing Section 8 property generating $1,000 monthly ($900 through Section 8 plus a $100 tenant service fee) with a reliable, long-term tenant in place for over two years. This low-maintenance property boasts a 9.4% cap rate and offers consistent monthly income with minimal upkeep. There is a value-added opportunity for greater annual income through a Section 8 rental increase request. The property is in good condition and can be viewed upon acceptance of an offer. Please email the listing agent to request a comprehensive financial analysis.
Mls | 10349846 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Pending |
Year | 1950 |
Days On Site | 131 |
Listing Provided By | Keller Williams Rlty-Atl.North | Gabriel Z Bettsack |
Storys | 2 |
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Units | 1 |
Acreage | 0.19 |
State | GA |
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County | Bibb |
City | Macon |
Zip Code | 31206 |
Community Name | Bedingfield Place |
School District | Rutland |
Elementary School | Bruce |
Middle School | Rutland |
High School | Rutland |
Listing VS Median (in Bedingfield Place) | |
Price: $109,000 low | high Med: $0 On Site: 131 low | high Med: |