$115,000
For Sale

3559 Morgan Drive

Macon, GA 31204
Browse 8 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

CASH-FLOWING ROOMING HOUSE - $3,100/MONTH! . Incredible single-family home set up as a triplex, generating $3,100/month in rental income! Unit A operates as a 6-bed/2-bath rooming house bringing in $2,000/month, while Unit B is a studio apartment at $675/month, and Unit C rents for $500/month. Priced firm at $115K, this property comes with $20K built-in equity, with a certified appraisal value of $130K-$140K! The home is in fair condition, featuring a 1-year-old roof and a 4-year-old HVAC, with only minor hallway flooring repairs needed. As a bonus, the seller will add a 4th studio apartment after closing for even more cash flow! Clear and marketable title, but CASH BUYERS ONLY - No conventional financing. $5K Non-refundable Earnest Money Required. This is a high-yield investment opportunity you don't want to miss! Serious investors contact me for details!

  • Property Details
      • Utility FeaturesGas Individual Meters, Other
      • Middle SchoolRobert E. Howard Middle
      • SubdivisionNew Suburb Beautiful
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Elementary SchoolSouthfield
      • MLS #10482635
      • MLS #10482635
      • Property SubtypeTriplex
      • Structure TypeTriplex
      • Utility SourcePublic
      • High SchoolHoward
      • Cost115000
      • Short SaleAs Is
      • Acres0.44
      • Year Built1948
      • FoundationSlab
      • CountyBibb
      • Taxes Annual$896

Location

Michelle GardnerReal Estate Group
OR

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6.0%

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2.6%
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