24BR Home in Macon , GA

About This Property

Owner's financing 6 duplexes sold together. 12 TURNKEY units! 24 bed 12 bath Cash Cow..especially if you look at the cash on cash with our Owner Financing! (Details at the bottom. Only Contact for details down Payment: Contact for details) Low maintenance, section 8 HCV and Veteran Program Housing. (Section 8 HUD rate for these in this zip is Contact for details/unit thats Contact for details/month! TONS OF UPSIDE) The following link will show you what HUD/section 8 is willing to pay in the area : https://www.huduser.gov/portal/datasets/fmr/smallarea/index.html. (1k/mo for 2 bedroom for 2025) Affordable housing weathers recessions and economic downturns. All 12 units are section 8 approved but aren't section 8 tenants. We love our current tenants and just haven't wanted to change them out. They are currently rented for $650 a month and scheduled to raise. Amazing on-site property manager you will want to keep and we are actually non-negotiable on that! Fully rented. Separate utilities. The buildings are brick with tile floors. Very low expenses. No dishwashers, no clothes washers, no expensive central air compressors to worry about breaking Down Payment: Contact for details All units are ac/window units which are very cheap to replace if it is ever necessary. Let the government make your tenants' rent payments! To summarize, Current income is 650x12 (minus one unit for the on site manager) = 7150/mo if raised to section 8 amounts =Contact for details/year! Monthly expenses are simple. yard maintenance (125/mo) and dumpster (240/mo). Each is 2bed/1ba. These are located in an Opportunity Zone, great for taxes and capital gains. Google it to learn more. We are only selling as we have an even better opportunity locally. Owner's Financing Terms: Purchase price: $1,099,000 15% Down Payment: Contact for details% rate on 5 or 10 year interest only. Monthly payment is about 4300/mo. Walk through videos available. https://youtube.com/shorts/zsYSsX84NCM?feature=share https://youtube.com/shorts/vzBYf0sz7F4?feature=share

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