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

Property type
Multi-family
Number of stories
1
Lot size (acres)
0.44
Year built
1948

Utilities

Heating
Central, Electric
Cooling
Ceiling fan(s), Central air
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$896.26

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Georgia MLS MLS®#: 10482635 Last checked:

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