For Sale
$414,900

1534 30Th StColumbus, GA 31904

Four-unit, stabilized investment property.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a portfolio of four single-family homes located in Columbus, Georgia. The properties, totaling four units, are currently 100% occupied with tenants under 12-month leases, ensuring immediate cash flow. The portfolio boasts a Net Operating Income (NOI) of $3,038, representing a 0.73% cap rate on the asking price of $414,900. Each unit offers a square footage ranging from 1,064 to 1,276 square feet, and is priced at $103,725. The properties are classified as Class C and are situated in desirable residential neighborhoods within Muscogee County. Three of the four properties offer potential for rental growth, providing an avenue for increased future income. Tenants are responsible for all utilities. The addresses are 1534 30th St, Columbus, GA 31904; 3124 Oak Cir, Columbus, GA 31907; 3629 Walton St, Columbus, GA 31907; and 3812 13th Ave, Columbus, GA 31904. This stabilized investment offers a secure and consistent income stream, making it an attractive addition to any real estate portfolio. Showings are by appointment only during due diligence; please do not disturb tenants. The property is zoned for residential use and is not subject to a ground lease. This is a turnkey investment opportunity with immediate returns.

Highlights

  • $414,900 asking price for a stabilized multifamily investment property.
  • Four single-family rental homes in Columbus, GA, comprising a portfolio.
  • 100% occupancy with a current NOI of $3,038.
  • Each unit ranges from 1,064 to 1,276 square feet.
  • $103,725 per unit price.

Property Details for 1534 30Th St

Property type
Residential income homes
Square Feet
1,064 SF
Class
C
Buildings
4
Units
4

Location Insight

City
Columbus
County
Muscogee
State
Georgia
Latitude
32.4924737
Longitude
-84.9683001
1534 30Th St, Columbus, Georgia

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1534 30Th St
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