$349,000

This apartment building in located in highly desirable Vineville, which is one of Macon's most prominent and historic neighborhoods! With its sought-after and convenient location, this efficiently designed quadraplex features four (4) approximately 800+ square feet units; this apartment building is conducive to high occupancy, low maintenance cashflow. Located in a historic major corridor, the property is conveniently centered along U.S. Route 41, between suburban west Macon and the urban downtown city central. This quadraplex is could be rented to students and medical professionals (since Mercer University and Atruim Health Navicent are only 2-3 miles from the building) etc. It also is well suited for traveling professionals as well as for families. This property is an excellent choice for investors as property values tend to be stable in this area. Many of the historic mansions in this area have been converted into high-end quads or apartment buildings which add to the desirability and profitability of this neighborhood. The building consists of two landings and 4 apartments. Apartments are two bedrooms / one bath units. The building has an inviting yard which adds to the appeal. Upgrades have been made to the building, some of which are shown in the pictures accompanying this listing. Building is priced at $115 per square foot which is commensurate with the area. If bought as an investment property, this building should yield excellent returns. Low owner expenses with tenants paying for water, electricity, trash, and internet. Exterior pictures are coming soon ! I All information in this listing is believed to be accurate but not guaranteed. All information, measurements, and calculations are approximate and should be independently verified. Buyers need to verify all data.