3558 Morgan DR Save Request In-Person Tour Request Virtual Tour
Macon,GA 31204
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status New
Purchase Type For Sale
Subdivision Napier Del Park
MLS Listing ID 10636495
Year Built 1951
Annual Tax Amount $357
Tax Year 2024
Lot Size 7,405 Sqft
Property Sub-Type Multi Family
Property Description
A beautifully refreshed investment property in the heart of Macon, Georgia! 3558 Morgan Drive is a 3-bedroom, 1-bath single-family home that combines turnkey income with meaningful long-term upside. Renovated in January 2024, the home features thoughtful interior updates and a converted garage that adds versatility for additional living space, storage, or a home office. Set on a generous 7,405 sq ft lot, this property offers steady cash flow and low annual expenses, making it an ideal addition to any income portfolio. With current rent below market value, investors will find a clear opportunity to increase revenue at lease renewal, further improving already strong returns. The property's projected cap rate of 9-10 percent reflects both current performance and future growth potential as the Macon rental market continues to strengthen. Macon remains one of Georgia's most compelling secondary markets, prized for its affordability, accessibility, and expanding economic base. Located less than ninety minutes from Atlanta and connected by multiple interstates, Macon offers the best of both worlds-small-city livability with big-city proximity. The city's ongoing revitalization, strong rental demand, and rising property values continue to attract investors seeking reliable cash flow and appreciation potential across the region. 3558 Morgan Dr. is part of a fully leased, 14-door turnkey investment portfolio representing a collection of carefully renovated, income-producing homes throughout Macon. While individual property sales will be considered, preference is given to buyers seeking to acquire the portfolio in its entirety-an opportunity to scale efficiently, streamline management, and secure a balanced mix of duplex and single-family assets. Whether you are a seasoned investor expanding your holdings or entering the Georgia market for the first time, this property delivers immediate stability, measurable upside, and long-term value.
Location
State GA
County Bibb
Interior
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air
Exterior
Parking Features Off Street
Community Features None
Utilities Available Electricity Individual Meters,Gas Individual Meters,Water Individual Meters
View Y/N No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Stone Frame,Vinyl Siding
New Construction No
Schools
Elementary Schools Bruce
Middle Schools Miller Magnet
High Schools Central
Others
Special Listing Condition Resale