3542 Morgan Drive
$299,000
3542 Morgan Drive, Macon, GA 31294
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 12/29/2024
10
Cap Rate
34,076
NOI
Details:
Cap Rate: 10%
NOI: $34,076
Units: 4
Year Built: 1951
Parking Spots: 4
Highlights:
- Lot Features: Other
- Gross Income: 36960
- Bathrooms Total: 0
- Cooling: Ceiling Fan(s)
- Heating: Central, Zoned
- Flooring: Carpet, Vinyl, Wood
- Construction Materials: Aluminum Siding, Block
- Parking Features: None
- Accessibility Features: Accessible Bedroom, Accessible Full Bath, Accessible Kitchen Appliances, Accessible Washer/Dryer
- Security Features: Security Gate
- Buyer Agency Compensation: 3
Description:
3542 Morgan drive -CASH COW SECTION 8 property
$3080.00 monthly income
Single family home set up like a quad . All units are currently occupied with 3 section 8 tenants and 1 senior citizen tenant. GUARANTEED RENT???? This is a great investment opportunity for stable monthly income. Amazing & responsible long term tenants as well . Seller is firm with asking price !!! NO DD period , cash buyers only !! No conventional financing!!
$34,572.00 per year Net Operating Income Per Year and 10 percent cap rate
Location
Gallery
