For Sale
$420,000

3561 Thorpe StMacon, GA 31204

8-Unit Portfolio, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a portfolio of four duplexes located at 3561 and 3569 Thorpe Street in Macon, Georgia, 31204. The property comprises eight one-bedroom, one-bathroom units totaling 4,100 square feet, situated on slab foundations. Built in 1961 and extensively renovated in 2024, the buildings feature newer windows and durable metal roofs. Currently, 75% of the units are occupied, generating immediate cash flow. Each unit commands a price of $52,500, with the entire portfolio offered at $420,000 ($102.44 per square foot). The property includes ample parking with 16 spaces available. This is a rare chance to acquire a well-maintained, rent-ready multifamily investment in a desirable Macon location. The solid construction and recent renovations promise low maintenance and long-term value. The high occupancy rate and strong rental income potential make this an attractive proposition for seasoned investors seeking a stable and profitable addition to their portfolio. Serious inquiries only. Please do not disturb tenants.

Highlights

  • $420,000 asking price for an eight-unit multifamily property.
  • Located at 3561/3569 Thorpe St, Macon, GA 31204.
  • Four buildings totaling 4,100 square feet, with 16 parking spaces.
  • Eight one-bedroom, one-bathroom units, currently 75% occupied.
  • Built in 1961, renovated in 2024, featuring slab foundations, newer windows, and metal roofs.
  • $52,500 per unit price.

Property Details for 3561 Thorpe St

Property type
Residential income homes, Apartment buildings
Square Feet
4,100 SF
Year Built/Renovated
1961/2024
Buildings
4
Stories
1
Units
8

Location Insight

City
Macon
County
Bibb
State
Georgia
Latitude
32.8460061
Longitude
-83.6905798
3561 Thorpe St, Macon, Georgia

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3561 Thorpe St
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