Price Reduced ListingTurnkey investment opportunity generating $1,300 per month in rental income! This fully renovated historic duplex features two 1-bedroom, 1-bath units, each currently leased with one-year leases in place, providing immediate, stable rental income. Each unit currently rents for $650 per month, providing immediate income while offering future rental upside as rents continue to increase in the area. Extensive renovations include a new roof, new water heaters, updated electrical and plumbing, fresh interior & exterior paint, new appliances, refinished hardwood floors, original trim, decorative fireplaces, granite countertops, and tiled kitchens and baths. Each unit is separately metered with separate electric and water meters, allowing tenants to pay their own utilities and helping minimize owner expenses. The inviting covered front porch, high ceilings, abundant natural light, and historic character make these units highly desirable to tenants. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this well-maintained duplex offers immediate cash flow, low-maintenance ownership, and excellent long-term appreciation potential.
| MLS # | 7810185 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 83 |
| Listing Provided By | HomeSmart | Caryn Liss |
| Story(s) | 1 |
|---|---|
| Units | 2 |
| Acreage | 0.11 |
| Water Front | Yes |
| Property View | Other |
| Cooling | Window Unit(s) |
|---|---|
| Heating | Wall Unit(s) |
| Window Features | Wood Frames |
| Accessibility Features | None |
|---|---|
| Lot Features | Level |
| Construction Materials | Wood Siding |
| Roof | Shingle |
| Fencing | None |
| Waterfront Features | None |
| Security Features | None |
| Parking Features | None |
|---|
| Utilities | Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Tax Annual Amount | 474 |
|---|---|
| Tax Legal Description | PAYNE MILL |
| Tax Parcel Letter | N072-0082 |
| Tax Year | 2025 |
| Community Features | Near Public Transport, Near Shopping |
|---|
| State | GA |
|---|---|
| County | Bibb GA |
| City | Macon |
| Zip Code | 31204 |
| Area | Bibb GA |
| Community Name | Payne Mill |
| School District | Howard |
| Elementary School | John Robert Lewis - Bibb |
| High School | Howard |
| Listing VS Median (in Payne Mill) | |
Price: $120,000 low | high Med: $0 On site: 83 low | high Med: | |
| State | GA |
|---|---|
| County | Bibb GA |
| City | Macon |
| Zip Code | 31204 |
| Area | Bibb GA |
| Community Name | Payne Mill |
| School District | Howard |
| Elementary School | John Robert Lewis - Bibb |
| High School | Howard |
| Listing VS Median (in Payne Mill) | |
Price: $120,000 low | high Med: $0 On site: 83 low | high Med: | |