3542 Morgan, Macon, GA 31204

Other
THB ฿8,959,253
USD $265,000
Published on: 16 Jan 2025
Last updated on: 08 Mar 2025
3542 Morgan, Macon, GA 31204
3542 Morgan, Macon, GA 31204
3542 Morgan, Macon, GA 31204
+20
3542 Morgan, Macon, GA 31204
  • 20
Property ID: 110096800374
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Multi Family,Quadruplex - Macon, GA

3542 Morgan, Macon, GA 31204
Presenting an exceptional investment opportunity at 3542 Morgan Drive, where stability and profitability converge in one remarkable property. This single-family home, configured as a quadplex, offers four fully occupied units generating a reliable $3,080 per month in income. With three tenants secured under the Section 8 program and one senior citizen tenant, you'll benefit from guaranteed, government-backed rent payments, ensuring steady cash flow month after month.    This property stands out not only for its consistent income but for its strong financial performance. With a Net Operating Income of $34,572 annually, it delivers an impressive 10% cap rate-a rare find in today's market. A 10% cap rate reflects a high return on investment, and this property has the long-term potential to continue performing at this level, offering a solid foundation for future growth.    The current tenants are responsible, long-term residents who have demonstrated a strong commitment to maintaining the property and paying rent on time. With minimal turnover risk and stable tenancy, this is a hassle-free investment opportunity for those seeking passive income and low management demands.    The seller is firm on the asking price, and this is an opportunity that will appeal to cash buyers only. With no due diligence period and no conventional financing available, this is an uncomplicated, streamlined acquisition designed for investors with immediate capital ready to deploy. The simplicity and certainty of this deal make it an ideal addition to any portfolio, promising reliable and sustainable returns from day one.    3542 Morgan Drive is not just another property-it's a cash-flowing asset that offers stability and strong returns. With the combination of guaranteed Section 8 rent, high profitability, and low-risk tenants, this opportunity is one that savvy investors will recognize for its immediate value. Act quickly to secure this property before it's gone.  CASH ONLY!!

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
1,011.72 m2
Year Built
1951
Architecture Style
Other
Num Floors
1
County
Bibb
Parcel ID
N0720155
Provider
Georgia Multiple Listing Service
Subdivision
None
Brokerage Office Name
Maximum One Real Estate Group, LLC
Brokerage Office Phone
7709198825
Address
3542 Morgan, Macon, GA 31204

Nearby Schools

TypeSchool nameDistrict name
HighCentralNot available
ElementaryOut of AreaNot available
MiddleMiller MagnetNot available
JuniorhighMiller MagnetNot available

Tax History

YearTax amount
2023USD $496THB ฿16,769*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
George Ansong
Maximum One Grt. Atl. REALTORS
Terrell Mill Rd,Bldg 1464 1355, Marietta, GA 30067
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George Ansong
Terrell Mill Rd,Bldg 1464 1355, Marietta, GA 30067
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      Property ID: 110096800374

      Data provided by Georgia Multiple Listing Service, MLS #: 10440297
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