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955 Elder, Macon, Georgia

$55,000
Active
955 Elder, Macon, Georgia
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Property Details

MLS ID: 10711609
Status: Active
Price: $55,000
Acres: 0.49±
Type: Residential
Address: 955 Elder
City, State: Macon, GA
County: Bibb County
ZIP Code: 31217
Lat/Long: 32.85339, -83.60278
Parcel Number: S0640210
Year Built: 1967

Description

Two Brick Duplexes on one lot available now! These properties need a full rehab. The ARV (After Renovation Value) on these is around $300k depending on finishes and rental amounts once complete. I estimate you could get these rent ready for $100-150k. Rents will be $700 per unit or $2800 total once renovated. You could purchase these and renovate them using a self-directed 401k, or you could use cash or a home equity loan and refinance it with a DSCR (Debt Service Coverage Ratio) Loan once complete. There are lots of options to add real estate to your retirement portfolio with the right team of contractors, property managers, lenders and advisors. I am a REALTOR (only), but can refer you to professionals in all of these areas. Large roughly half-acre lot (.49 acre) could probably acommodate a third duplex for future value add.

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Ryker Carter

Ryker Carter

Carter Group

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of May 26, 2026 at 12:00:00 AM UTC.

Listed By: Patrick Peyer of Keller Williams Realty - (404) 564-5560