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3554 Thorpe Street, Macon, GA 31204

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For Sale

$89,000

0.11 acres

Estimated Payment

$ 554 /mo.

6.85% APR for 30 yrs.
$1,054 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.1 acres
    Lot size

  • 41-50 Years Old
    Age

Explore this Property

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!
MLS# 7516566

Courtesy Of Realty East Cobb dba Keller Williams Realty Atlanta North

(770) 509-0700

Property Features

  • Age
    41-50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.11 Acres

Map and Directions

Directions to 3554 Thorpe Street, Macon, GA 31204
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $467
  • Property Taxes
    $87
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $554

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Union Elementary School

Grades PK-5 Public School


Macon, GA 31210 2 miles
4831 mamie carter dr

493 total students
15:1 Student teacher ratio

Weaver Middle School

Grades 6-8 Public School


Macon, GA 31206 3.4 miles
2570 heath rd

952 total students
16:1 Student teacher ratio

Westside High School

Grades 9-12 Public School


Macon, GA 31206 3.9 miles
2851 heath rd

1030 total students
18:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
John Robert Lewis Elementary School 0.9 miles Public PK-5 D+
Covenant Academy 1.2 miles Private PK-12
Bethany Christian Academy 1.3 miles Private 1-8
Georgia Academy For The Blind 1.3 miles Public 1-12
Price Academy 1.6 miles Public 4-10
Woodfield Academy 1.7 miles Private 2-12
Hartley Elementary School 1.9 miles Public PK-5 D-
Miller Middle School 2 miles Public 6-8 C+
Vineville Academy 2.1 miles Public PK-5 C+
Central High School 2.1 miles Public 9-12 C-
Cirrus Charter Academy 2.2 miles Public KG-8 D
Taylor Elementary School 2.3 miles Public PK-5 D-
Wimbish Adventist School 2.3 miles Private 1-8
St Peter Claver 2.4 miles Private PK-8
Williams Elementary School 2.6 miles Public PK-5 D-
Veterans Elementary School 2.6 miles Public PK-5 D-
Ballard-hudson Middle School 2.7 miles Public 6-8 D
Ingram-pye Elementary School 2.8 miles Public PK-5 D
Alexander Ii Magnet School 2.8 miles Public PK-5 A+

John Robert Lewis Elementary School

Distance: 0.9 miles

Type Public

Grades: PK-5

D+

Covenant Academy

Distance: 1.2 miles

Type Private

Grades: PK-12

Bethany Christian Academy

Distance: 1.3 miles

Type Private

Grades: 1-8

Georgia Academy For The Blind

Distance: 1.3 miles

Type Public

Grades: 1-12

Price Academy

Distance: 1.6 miles

Type Public

Grades: 4-10

Woodfield Academy

Distance: 1.7 miles

Type Private

Grades: 2-12

Hartley Elementary School

Distance: 1.9 miles

Type Public

Grades: PK-5

D-

Miller Middle School

Distance: 2 miles

Type Public

Grades: 6-8

C+

Vineville Academy

Distance: 2.1 miles

Type Public

Grades: PK-5

C+

Central High School

Distance: 2.1 miles

Type Public

Grades: 9-12

C-

Cirrus Charter Academy

Distance: 2.2 miles

Type Public

Grades: KG-8

D

Taylor Elementary School

Distance: 2.3 miles

Type Public

Grades: PK-5

D-

Wimbish Adventist School

Distance: 2.3 miles

Type Private

Grades: 1-8

St Peter Claver

Distance: 2.4 miles

Type Private

Grades: PK-8

Williams Elementary School

Distance: 2.6 miles

Type Public

Grades: PK-5

D-

Veterans Elementary School

Distance: 2.6 miles

Type Public

Grades: PK-5

D-

Ballard-hudson Middle School

Distance: 2.7 miles

Type Public

Grades: 6-8

D

Ingram-pye Elementary School

Distance: 2.8 miles

Type Public

Grades: PK-5

D

Alexander Ii Magnet School

Distance: 2.8 miles

Type Public

Grades: PK-5

A+

Local area information for Macon, GA 31204

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Macon, GA 31204

This community’s employment is highest in the food and administrative support industries. The area’s overall household expenses are below the national average.

92° July
Hottest Average Month

35° January
Coldest Average Month
11,739 Total Households in Area
28.3%
of households
have children
20 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Macon, GA 31204

Macon, GA 31204 has a population of 28,430 people in 11,739 households with a median age of 37.2 years old.

Down -0.7%
Decrease in population
since the year 2010

Population is Trending down
12,047
Total households as of 2010
Down
-0.1%

Community Population By Age

Community Population By Ethnicity

Black 65%
White 28%
Hispanic 3%
Other 1%
Asian 1%
Native American <1%

Economics
for Macon, GA 31204

2,011 /sq mi
Population Density
$44,915 /yr
Median Household Income
$135,000
Median Sales Price
20 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 90%
  • Work from Home 4%
  • Walk or Bike 3%
  • Public Transit 3%

Occupancy by Type

Rented 6,246 45%
Owned 5,493 40%
Vacant 2,033 15%

White vs Blue Collar Jobs







White Collar 73%
Blue Collar 27%

Family & Education Facts
for Macon, GA 31204

37.2 Median Age

Average Household Size

2.4
persons per
household

23.1%

Married Households

Community Population By Education

High School Graduate 30%
Some College 22%
Some High School 16%
Bachelors Degree 12%
Graduate Degree 12%
Associates Degree 7%

Household Family Expenses vs National Average

28.3% of households have children

Weather
for Macon, GA 31204

The weather for this area ranges from a high of 92° F in July to a low of 35° F in January

92° July
Hottest Average Month
35° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
35°
58°
Feb
38°
62°
Mar
44°
69°
Apr
51°
77°
May
59°
85°
Jun
67°
90°
Jul
70°
92°
Aug
69°
91°
Sep
64°
87°
Oct
52°
78°
Nov
43°
68°
Dec
37°
60°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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