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633 COLLEGE ST Macon GA 31201-1773

[Locked] • APN Q073-0329

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Details
Property Type Multifamily
Sub Type Apartment Building
Building SqFt 2,840
Lot SqFt 10,454
Acreage ******
Number of Units 3
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code HR-3
Year Built 1890
Building Count 2
Opportunity Zone No
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******

Property History

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Property Type
Property Type
Multifamily
Property Subtype
Student Housing, Apartment Building
Marketing Description

College Hill Cottages – Turnkey 6-Unit Investment on Historic College Street | Macon, GA

Welcome to College Hill Cottages, a rare opportunity to own a fully renovated, turnkey 6-unit multifamily property located on the iconic College Street in the heart of Macon’s historic district.

Offered at a current 8% CAP rate based on in-place income, this asset delivers immediate cash flow with zero heavy lifting. Each of the six charming units are fully furnished and professionally decorated, making this a seamless acquisition for investors looking to expand their portfolio with a low-maintenance, income-generating property.

The flexible zoning and setup allow for both short-term and long-term rental strategies, ideal for capitalizing on Macon’s strong tourism, Mercer University proximity, and growing local economy.

Investment Highlights:

  • 6 fully renovated and individually styled cottages

  • Located on prestigious and walkable College Street

  • Turnkey offering – all units sold fully furnished & decorated

  • Strong in-place cash flow at a 8% CAP

  • Perfect for short-term rentals (Airbnb/VRBO) or long-term leases

  • Close to downtown Macon, Mercer University, and local attractions

Whether you're a seasoned investor or entering the market with a quality, hands-off asset, College Hill Cottages is a rare blend of charm, location, and income potential that doesn’t come around often.

Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Asking Details
Asking Cap Rate
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Marketing Description
Multifamily
Sale Date
******
Sold Price
******
Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
******
Buyer Borrower 1 Relationship Type
******
Mortgage Recording Date
******
Mortgage Maturity Date
******
Mortgage Term
******
Document Type
******
Mortgage Interest Rate
******
Mortgage Lender Name
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Loan Amount
******
Mortgage Book
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Mortgage Document Date
******
Recording Book
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Recording Page
******
Resale Flag
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Sales Price Code
******
Transaction Type
******
Mortgage Loan Trans Type
******
Seller 1 Name
******
Transfer Tax
******
Mortgage Page
******
Sold By
******
Sold To
******

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Zoning

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HR-3 ResidentialTwo FamilyHistoric Residential District
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View all 117 uses
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Last updated Jul 16, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
BT
Brandon Thacker PRO
•••.•••.0509
•••ndon@•••••••••••••.com
Brokerage logo
Sold on
 BY:
JS
Jaclyn Semmelink
•••.•••.7239
•••••••••••link@••••••••••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Gray, GA.
Gray, GA median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Gray, GA (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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