343 Orange St
Macon-Bibb, GA 31201
Multifamily Property For Sale · 5 Units
INVESTMENT HIGHLIGHTS
- 5 metered units, three 1 br/1 bath, two 2br/1bath. Complete rehab in 2020 with new wiring, plumbing, hvac units, water heaters. Tenants pay utilitie
- Off street parking and located across street from Mercer Law School and two blocks from new Mercer Medical School location in historic downtown Macon
- New kitchen cabinets & appliances including washer/dryer in each unit. New bath fixtures. Hardwood floors, lots of natural light
PROPERTY FACTS
| Price Per Unit | $99,000 |
| Sale Type | Investment |
| Cap Rate | 10.50% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 5,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1890/2020 |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Ceiling Fans
- Crown Molding
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Deck
- Island Kitchen
- Porch
- Window Coverings
- Large Bedrooms
SITE AMENITIES
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | $800.00 | - |
| 2+1 | 2 | $1,200 | - |
PROPERTY TAXES
| Parcel Number | Q074-0009 | Improvements Assessment | $80,261 |
| Land Assessment | $10,224 | Total Assessment | $90,485 |
ZONING
| Zoning Code | HR-3 (MF) |
