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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