2454 Houston AveMacon, GA 31206

Property Details for 2454 Houston Ave

Year built

1940

Lot size

0.29 AC

Property size (Sq ft)

3,084 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional value-add investment opportunity presents a five-unit apartment building situated on a 0.29-acre lot at 2454 Houston Ave, Macon, GA 31206. The property, built in 1940, consists of two, two-story buildings totaling 3,084 square feet. Currently, the occupancy rate stands at 60%, with three units already leased. This presents a unique chance to increase profitability by renovating the two vacant units and potentially raising rents in the occupied units. The asking price is $150,000, translating to $30,000 per unit and $48.64 per square foot. The property's location in Bibb County offers significant potential for rental income growth. All cash offers are encouraged. Serious investors should note that the property is being sold as-is. Please respect the privacy of current tenants and refrain from disturbing them during showings. This is a prime opportunity for an investor seeking a hands-on project with substantial upside potential. The property's solid foundation and existing rental income provide a strong base for future growth and returns. Don't miss this chance to acquire a well-located multifamily property in a growing market.

Location Insight

City

Macon

County

Bibb

State

Georgia

Latitude

32.8154

Longitude

-83.6439

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