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
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Listing ID: 7450138
Information Deemed Reliable But Not Guaranteed If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2025 FMLS
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