1278 Jackson ST Active Save Request In-Person Tour Request Virtual Tour
Macon,GA 31201
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10444845
Year Built 1920
Annual Tax Amount $1,446
Tax Year 2024
Lot Size 5,662 Sqft
Property Sub-Type Multi Family
Property Description
Investment Opportunity Near Mercer University - Priced to Sell! Looking for your next income-producing property? This five-bedroom residential investment property is just 0.25 miles from Mercer University and offers outstanding potential with strong rental demand in the area. Each of the five spacious rooms features a private bathroom and large walk-in closet, making it an ideal setup for student housing or individual rentals. The home also includes a shared kitchen and a stackable washer/dryer unit for tenant convenience. With full occupancy, this property can generate approximately $40,000 in gross annual income, providing excellent cash flow for the right investor. There is currently no designated common area, but one room could easily be converted into a shared living space to enhance tenant appeal and increase rental value. While the property needs some updates, it's priced to sell and offers tremendous upside potential for investors ready to bring their vision to life. The seller is motivated and ready to make a deal.
Location
State GA
County Bibb
Interior
Heating Central,Electric,Heat Pump
Cooling Central Air,Electric
Laundry Common Area
Exterior
Parking Features Off Street,Parking Pad,Side/Rear Entrance
Garage Spaces 5.0
Community Features Sidewalks,Street Lights,Walk To Schools,Near Shopping
Utilities Available Electricity Billing Prorated,Sewer Connected,Water Billing Prorated
View Y/N No
Building
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Structure Type Block,Other
New Construction No
Schools
Elementary Schools Ingram Pye
Middle Schools Ballard Hudson
High Schools Central
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Resale