Description
Six units, five buildings, on one parcel. One of the five buildings is a tear down. However, the other five units are currently occupied. One building is a duplex containing one-bedroom units. The other 4 buildings are single family homes. Gross annual income $39240, expenses around 35%, with a 10% to 12% cap rate. Separate water, gas and electric meter for each unit. Off street parking, window units, and washer and dryer connections in each unit. No showings until DD. No rent rolls, tenant ledgers, etc. until DD. No SPD seller has never been to the property. Property is currently under property management. Please DO NOT disturb tenants. Conveniently located in East Highland. Minutes away from Lakebottom Park, downtown Columbus, piedmont hospital, and 185 which allows easy access to Fort Benning, shopping and dining.
Property Details
- Property Type
- Residential Income
- Subtype
- 5 Plus
- Bedrooms
- 7
- Bathrooms
- 4
- Living Area
- 6,543 sq ft
- Lot Size
- 0.49 acres
- Year Built
- 1909
- City
- Columbus
- Subdivision
- East Highland
- County
- Muscogee
- Parking
- Other-See Remarks
- Original Price
- $160,000
- List Date
- March 11, 2026
- MLS Area
- 03-W C Columbus
- Parcel #
- 028 030 010
Price History
- Price Reduced $145,000 -$15,000
- Listed $160,000