Contact Us
Details
This North Macon duplex is suited for owner occupied or individual with a real estate portfolio. The 1109 Valley Rd Unit was built recently and is occupied with a 12 month lease agreement. Renters pay in that unit pay $1,220 per month. The 825 S Forest Lake Dr S unit is owner occupied. This rent estimate for this unit is $1,750 or more. And, the math is very simple and easily understood that your investment is good. For instance, at 10% down on a 30yr conventional loan, you are looking at $13,455 return per year on your investment. Giving the interest rate today, you can get 6.5% or lower interest rate. So, financing about 292.5k for 30 yrs at 6.5%, your mortgage is $1,848.80 per month and your rental income is $2,970. Your monthly ROI is $1,121.20.PROPERTY FEATURES
Utilities : Electricity Individual Meters,Sewer Connected,Underground Utilities,Water Individual Meters
Sewer : Public Sewer
Water Source : Public
Parking Features: Attached,Carport,Detached,Garage,Garage Door Opener,Off Street,Side/Rear Entrance
Parking Total : 8
Structure Type : Duplex
Property Condition : Resale
Cooling: Attic Fan,Ceiling Fan(s),Central Air,Dual,Electric,Heat Pump,Zoned
Heating : Central,Electric,Forced Air,Heat Pump
Construction Materials: Block,Brick,Vinyl Siding
Foundation Details : Block,Slab
Total Fireplaces : 1
Basement : Bath Finished,Daylight,Exterior Entry,Finished,Interior Entry
LaundryFeatures : In Unit
Levels : Multi/Split
Green Energy Efficient: Doors,Insulation,Windows
PROPERTY DETAILS
Street Address: 825 Forest Lake Drive S
City: Macon
State: Georgia
Postal Code: 31210
County: Bibb
MLS Number: 10364963
Year Built: 1965
Courtesy of Jubilee Real Estate, Inc.
City: Macon
State: Georgia
Postal Code: 31210
County: Bibb
MLS Number: 10364963
Year Built: 1965
Courtesy of Jubilee Real Estate, Inc.
Courtesy of Sheridan Solomon & Associates
