3559 Morgan Drive
Macon, GA 31204
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1948 build
- – on site
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!
Last checked:
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Last updated Mar 20, 2025
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MLS# 10482635 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1948
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Construction Materials:Aluminum Siding, Log
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Structure Type:Triplex
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# of Units Total:3
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Foundation Details:Slab
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Levels:One
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Basement:None
Financial & Terms
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Possession:Close Of Escrow
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Owner Pays:Other
Location
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Latitude:32.847279
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Longitude:-83.683869
The Property
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Property Type:Residential Income
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Property Condition:Resale
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Lot Size Acres:0.44
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Lot Size Source:Public Records
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Parcel Number:N0720349
Listing Agent
- Contact info:
- Agent phone:
- (770) 919-8825
- Office phone:
- (770) 919-8825
Taxes
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Tax Year:2024
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Tax Annual Amount:$896.26
Heating & Cooling
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Heating:Central, Electric
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Cooling:Ceiling Fan(s), Central Air
Utilities
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Utilities:Gas Individual Meters, Other
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Southfield
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Elementary Bus:Yes
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Middle School:Howard
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Middle School Bus:Yes
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High School:Howard
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High School Bus:Yes
The Community
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Subdivision:New Suburb Beautiful
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Community Features:Walk To Shopping
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Association:No
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Association Fee Includes:Trash
Parking
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Parking Features:Off Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/20/25
Mar 20, 2025
|
Listed / Active | GAMLS | $115,000 | -17.3% (-8.8% / YR) |
2/24/25
Feb 24, 2025
|
Price Changed | GAMLS | ||
12/14/24
Dec 14, 2024
|
Listed / Active | GAMLS |