3-House Rental Property Bundle in Macon, GA

This listing presents a compelling opportunity to acquire a cash-flowing, three-house rental property bundle located in Macon, Georgia. All three properties have been fully renovated as of October 2023, featuring new paint, flooring, updated HVAC systems, new bathroom fixtures, kitchen counters, cabinets, and appliances. Property #1 is a 3-bedroom, 1-bath home at 3022 Melbourne, renting for $1250/month. Property #2 is a 3-bedroom, 1-bath home at 2283 Ballard Pl, also renting for $1250/month. Property #3 is a 4-bedroom, 2-bath home at 645 Rutherford Ave, renting for $1399/month. The entire portfolio is situated within Opportunity Zones in Macon, GA, offering potential tax benefits. The asking price for this package is $395,000, with a Net Operating Income of $37,500 annually, yielding a 10% Cap Rate after accounting for property management, taxes, and insurance. The properties are 100% occupied.