Hi There! Is this Your First Time?
Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.
- Price$265,000
- Acres0.25
- Built1951
3542 Morgan Drive, Macon
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!!
Essential Information
- MLS® #10440297
- Price$265,000
- Bathrooms0.00
- Acres0.25
- Year Built1951
- TypeResidential Income
- StatusActive
Amenities
- UtilitiesGas Individual Meters
- Parking Spaces4
- ParkingAssigned
Exterior
- ConstructionAluminum Siding
- FoundationBlock, Slab
Additional Information
- Days on Market104
Community Information
- Address3542 Morgan Drive
- SubdivisionNone
- CityMacon
- CountyBibb
- StateGA
- Zip Code31204
Interior
- HeatingCentral, Electric
- CoolingCeiling Fan(s), Central Air
- FireplaceYes
- # of Fireplaces1
- StoriesOne
School Information
- ElementaryOther
- MiddleMiller Magnet
- HighCentral
Listing Details
- Listing Provided Courtesy Of Maximum One Grt. Atl. Realtors
- Office Info770-841-7920
Price Change History for 3542 Morgan Drive, Macon, GA (MLS® #10440297)
Date | Details | Price | Change |
---|---|---|---|
Active | – | – | |
Price Change | – | – | |
Price Reduced (from $289,000) | $265,000 | $24,000 (8.30%) | |
Active (from New) | – | – |
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Go Realty Of Georgia & Alabam are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed.
The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 Georgia MLS. All rights reserved.
Listing information last updated on April 29th, 2025 at 3:15am CDT.