Sold

3559 Morgan Drive, Macon, GA 31204

View property features, location on map, relevant school information and overview from seller's agent.

Listed byMaximum One Greater Atlanta Realtors
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Overview

?? Investor Alert – High-Yield Rooming House! Cash Only – $89,000

?? Turnkey Cash Cow | 100% Occupancy | Set Up Like a Triplex

This is your chance to own a high-performing, fully rented rooming house generating $3,200/month gross and $2,500/month net after minimal expenses. That’s approximately 35% annual ROI — a rare find at this price point!



?? Price: $89,000 – Cash Only

?? Appraised at $135,000 – Instant equity!

?? 100% Occupancy with strong management in place

?? Configured like a Triplex – Separate living spaces

?? Minimal repairs needed – hallway subfloor section only

?? No conventional or seller financing – Cash buyers only

?? Price already reduced by $35K – Firm at $89K; seller may consider $79K absolute minimum, but not motivated to negotiate further



Major Updates Include:

? New roof (2 years old)

? HVAC system (5 years old)

? Updated plumbing

? Solid structure and stable tenant base

This is a rare, plug-and-play investment with massive cash flow potential. Great for seasoned investors looking to expand their portfolio with a high-yield, low-maintenance property.

Location

Full feature list

Basic info

Lot size (acres)
0.44
Year built
1948

Utilities

Heating
Central, Natural gas
Cooling
Attic fan, Ceiling fan(s), Central air
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$590

Public schools

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Sourced from: First Multiple Listing Service (FMLS) MLS®#: 7543371 Last checked:

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