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Active

New

3559 Morgan Drive

Macon GA, 31204

$99,000


Active

New

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 older elderly 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 !!

10427341

MLS ID

December 14, 2024

Listed

December 17, 2024

Updated

Map

3559 Morgan Drive
Macon GA, 31204

Interior Features

Total Stories

1


Laundry Description

None


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.44 Acres


Sewer

Public Sewer

School Information

High School

Howard


Elementary School

Southfield

Other Property Details

Taxes

$896


Tax Frequency

Annually


Days on Market

3


Association Fee

Not Listed


Garage

No


Parking

Off Street


View

No


County

Bibb


Water Source

Public


Pool

No

Listed with Maximum One Grt. Atl. REALTORS

Based on information from Georgia MLS as of 12/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2024 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed. 

Data last updated 8:49 PM UTC, 12/17/2024

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