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3559 Morgan DR Macon, GA 31204
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Key Details
Sold Price $89,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision New Suburb Beautiful
MLS Listing ID 7543371
Year Built 1948
Annual Tax Amount $590
Tax Year 2024
Lot Size 0.440 Acres
Property Sub-Type 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
Area New Suburb Beautiful
Interior
Heating Central, Natural Gas
Cooling Attic Fan, Ceiling Fan(s), Central Air
Exterior
Parking Features Driveway, Level Driveway
Fence Back Yard
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View Y/N Yes
View Other
Roof Type Tile,Wood
Building
Lot Description Other
Story One
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Siding
Schools
Elementary Schools Southfield
Middle Schools Howard
High Schools Howard
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Bought with Non FMLS Member
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