Turnkey investment opportunity generating $1,300 per month in rental income! This fully renovated historic duplex features two 1-bedroom, 1-bath units, each currently leased with one-year leases in place, providing immediate, stable rental income. Each unit currently rents for $650 per month, providing immediate income while offering future rental upside as rents continue to increase in the area. Extensive renovations include a new roof, new water heaters, updated electrical and plumbing, fresh interior & exterior paint, new appliances, refinished hardwood floors, original trim, decorative fireplaces, granite countertops, and tiled kitchens and baths. Each unit is separately metered with separate electric and water meters, allowing tenants to pay their own utilities and helping minimize owner expenses. The inviting covered front porch, high ceilings, abundant natural light, and historic character make these units highly desirable to tenants. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this well-maintained duplex offers immediate cash flow, low-maintenance ownership, and excellent long-term appreciation potential.
R-1 Single-Family Residential Districts are established to provide for low density residential development (although allowing a greater density of development than that allowed in R-1AAA Single-Family Residential District). The R-1 districts differ in the density of development allowed by varying the lot area and width and the yard size requirements. Duplexes and other uses designed to serve governmental, educational, religious, recreational, and other immediate needs of this district are allowed as conditional uses, subject to those requirements which provide for the protection of the single-family, low density, residential character of the district.
Permitted uses
Include but are not limited to:
Housing-Single unit
Communications tower
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 108° expected this year, 17 days in 30 years
6/10 Wind Factor
66% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Macon, GA • 31204
Average low and high temperatures (°F)
55
34
64
42
74
49
80
55
82
63
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69
93
74
85
70
85
67
77
55
71
49
60
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 138 Comer Ter
$126,207
$3,693 under list price of $130K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $79K to $170K.