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$--
6beds
2baths
1,798sqft
6,098sqft lot
806 Armory Dr, Macon, GA 31206
Member Features
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
This turnkey duplex is less than a mile from Mercer University and delivers strong day one cash flow with a cap rate above 10 percent. Must be purchased with adjacent & identical duplex that is on a separate parcel. Two stable duplexes with value add opportunity! Each unit is a spacious 3 bedroom, 1 bath layout with updated interiors featuring LVP flooring throughout, tile bathrooms, and fresh paint. Clean, durable finishes keep maintenance low and tenant appeal high. Rents currently range from $950 to $1,250 per month per unit, providing immediate income from day one. The property is already renovated and stabilized with solid cash flow, yet offers light to moderate value add opportunity through strategic upgrades and rent optimization. Investors can increase income & value through improved amenities, exterior enhancements, or continued rent adjustments to market rates. These units have functional layouts with updated interiors. Adjacent duplex is located at 2503 Felton Ave. Total price for both duplexes is $439,800 and they must be purchased simultaneously. Additional information available upon request.
Interior Details
1798
6
2
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
Hardwood
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6098
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
No
No
No
Construction Details
Duplex Single
Brick Veneer
N/A
Gable
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$279
$1,472
$5,737
--%
$7,209
2019
$282
$1,472
$5,737
--%
$7,209
2018
$528
$1,472
$5,737
--%
$7,209
2017
$270
$1,472
$5,737
--%
$7,209
2016
$249
$1,472
$5,737
--%
$7,209
2014
$110
$1,472
$4,387
--%
$5,859
2013
$233
$1,472
$4,387
--%
$5,859
2012
$310
$0
$0
--%
$5,859
Average Home Price in 31206
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