Viewing Listing MLS# 7310120
Macon, GA 31217
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/A SqFt
- 1964Year Built
- 0.33Acres
- MLS# 7310120
- Multifamily
- Duplex
- Active
- Approx Time on Market4 months, 25 days
- AreaN/A
- CountyBibb - GA
- SubdivisionCottages on Woolfolk
Overview
The Cottages on Woolfolk, located at 1215 Woolfolk St Macon, GA, are a series of 19 duplexes built in 1964 situated across 10 consecutive parcels and consisting of renovated 38 units located in Macon, GA. The property is located in an opportunity zone just minutes from the 1-16/75 interchange, Geico, Piedmont Hospital, and Downtown Macon. The owner has made significant CapEx improvements of $500,000 to the property including: 9 completely new roofs, 6 buildings w/ all new vinyl windows, 38 units fully renovated including new vinyl floors, paint, granite kitchen countertops, new fixtures, new water heaters, and new appliances, Professionally graded & poured asphalt driveways and parking spots, & Ongoing improvements are being made. Total 42 parking spaces.
Association Fees / Info
Hoa: No
Community Features: None
Bathroom Info
Building Info
Habitable Residence: Yes
Number of Units Total: 38
Exterior Features
Fence: None
Pool Private: No
County: Bibb - GA
Acres: 0.33
Financial
Original Price: $2,700,000
Operating Expense: 62958
Net Operating Income: 243,922
Owner Financing: Yes
Gross Income: 30,688
Garage / Parking
Parking Features: Paved, Parking Lot
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: None
Interior Features
Security Ftr: None
Levels: One
Lot Info
Lot Size Source: Public Records
Lot Features: Cul-De-Sac
Misc
Property Attached: No
Home Warranty: Yes
Open House
Other
Property Info
Construction Materials: Brick 4 Sides
Year Built: 1,964
Property Condition: Updated/Remodeled
Roof: Composition
Property Type: Residential Income
Rental Info
Land Lease: Yes
Special Features
Green Features: None
Special Listing Conditions: None
Special Circumstances: None
Tax Info
Tax Amount Annual: 1076
Tax Year: 2,022
Tax Parcel Letter: S072-0049
Unit Info
Utilities / Hvac
Cool System: Electric
Heating: Electric
Utilities: Other
Sewer: Public Sewer
Waterfront / Water
Water Body Name: None
Water Source: Public
Waterfront Features: None
Directions
GPS.Listing Provided courtesy of Berkshire Hathaway Homeservices Georgia Properties