Description
Seven Townhomes on one parcel in good condition. Six are rented and one tenant is in process to move in with Macon Housing Authority (MHA). Properties are part of the MOD Rehab Program of HUD managed by MHA. Total rents are $4,854 per month and owner is also reimbursed for vacancy and repairs after tenant move out. Research the program for specific details. Tenants provide and maintain their own appliances, keeping costs and calls down. Property is professionally managed. This investment opportunity is truly turn-key. If you're looking for a real estate investment, but don't want to get calls for maintenance, this is the one for you! This property cash flows, has great tax incentives, stays rented and is low maintenance. Windows, roofs, water heaters and HVAC units are all in good condition.
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0BEDS
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0.57ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Seven Townhomes on one parcel in good condition. Six are rented and one tenant is in process to move in with Macon Housing Authority (MHA). Properties are part of the MOD Rehab Program of HUD managed by MHA. Total rents are $4,854 per month and owner is also reimbursed for vacancy and repairs after tenant move out. Research the program for specific details. Tenants provide and maintain their own appliances, keeping costs and calls down. Property is professionally managed. This investment opportunity is truly turn-key. If you're looking for a real estate investment, but don't want to get calls for maintenance, this is the one for you! This property cash flows, has great tax incentives, stays rented and is low maintenance. Windows, roofs, water heaters and HVAC units are all in good condition.
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