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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.

PROPERTY FEATURES

Utilities : Gas Individual Meters Sewer : Public Sewer Water Source : Public
Parking Features: Assigned Parking Total : 4
Structure Type : Quadruplex Property Condition : Resale
Cooling: Ceiling Fan(s),Central Air Heating : Central,Electric
Construction Materials: Aluminum Siding Foundation Details : Block,Slab
Total Fireplaces : 1 Basement : Crawl Space Levels : One
Green Energy Efficient: Appliances,Roof,Water Heater Green Water Conservation : Low-Flow Fixtures

PROPERTY DETAILS

Street Address: 3542 Morgan Dr Drive
City: Macon
State: Georgia
Postal Code: 31204
County: Bibb
MLS Number: 10440297
Year Built: 1951
Courtesy of Maximum One Grt. Atl. REALTORS

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