Active
3559 Morgan Drive
Macon GA, 31204
$99,000
Active
Multi-family
Built in 1948
TRIPLEX TRIPLEX!!!!! Only asking 99k!!!Seller FIRM on price!! CERTIFIED APPRAISAL VALUE AT 130k to 140k !!!
Amazing monthly cash machine investment opportunity with 35k built in equity!!
Calling all savvy investors!!! Take advantage of this wonderful single family home set up like a triplex . This income producing rooming house currently gross $1,930.00 per month and the property will have 100 percent occupancy rate and gross $3,205.00 per month before January 1 , 2025. The main unit(A) is a rooming house . It's producing $780.00 currently and will produce $2,055.00 before January 1, 2025. Room 1 is occupied by an assistance rooming house manager and room 5 is responsible long term student tenant. Room 2 , Room 3, room 4 will be occupied before January 1, 2025 . Unit B is a small studio , it's occupied by a responsible tenant, rent is $500.00 per month, and unit C is occupied by a responsible hard working lady , rent is $325.00 bi weekly. All current tenants have an excellent rental payment history . Property has been recently updated within the last 2 years . New exterior paint , new roof , a few new windows and doors , new studio apartments , new drywall installation 4 years ago , new bathrooms installed 3 years ago, HVAC system 3 years old. The main kitchen needs some TLC work , the hallway subfloor need minor replacement. House is in fair condition!! Cash buyers preferred!!! Seller is firm on price . Seller has certified desktop appraisal at 130k to $140k.
Great opportunity to refi & cash out with a hard money bridge loan !!
7498129
MLSⓇ ID
December 14, 2024
Listed
December 23, 2024
Updated
Map
3559 Morgan Drive
Macon GA, 31204
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Attic Fan, Ceiling Fan(s), Central Air
Heating
Yes
Heating Description
Central, Natural Gas
Exterior/Building Features
Lot Size
0.44 Acres
Lot Features
Other
Roof
Tile, Wood
Sewer
Public Sewer
School Information
High School
Howard
Elementary School
Southfield
Other Property Details
Taxes
$590
Tax Frequency
Annually
Days on Market
9
Garage
No
Parking
Driveway, Level Driveway
View
Yes
View Description
Other
County
Bibb - GA
Water Source
Public
Pool
No
Green Building Features
Green Features
None
Listed by George Ansong with Maximum One Greater Atlanta Realtors 770-919-8825
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Data last updated 8:47 AM UTC, 12/23/2024