3559 Morgan DR Active Save Request In-Person Tour Request Virtual Tour
Macon,GA 31204
Key Details
Property Type Multi-Family
Sub Type Multi Family,Triplex
Listing Status Active
Purchase Type For Sale
Subdivision New Suburb Beautiful
MLS Listing ID 10482635
Year Built 1948
Annual Tax Amount $896
Tax Year 2024
Lot Size 0.440 Acres
Property Sub-Type Multi Family,Triplex
Property Description
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
State GA
County Bibb
Interior
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air
Exterior
Parking Features Off Street
Community Features Near Shopping
Utilities Available Gas Individual Meters,Other
View Y/N No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Log
New Construction No
Schools
Elementary Schools Southfield
Middle Schools Robert E. Howard Middle
High Schools Howard
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Resale