213 16Th StColumbus, GA 31901

Property Details for 213 16Th St

Year built

1912

Construction

WOOD

Lot size

0.09 AC

Property size (Sq ft)

2,334 SF

Property type

Other commercial real estate

APN

005 007 006

APU

5007006

Description

This exceptional investment opportunity is a lightly remodeled, two-story multifamily building located in Columbus, Georgia's vibrant Uptown district. The property comprises eight units: one two-bedroom apartment, six one-bedroom apartments, and one studio apartment, offering immediate cash flow potential. Situated on a 0.09-acre lot, the 4,552 square foot building benefits from its prime location near Columbus State University, St. Francis Hospital, and the Uptown Columbus entertainment district. Proximity to major employment centers, healthcare facilities, and transportation routes ensures a consistent tenant pool. The property's location offers easy access to numerous attractions, including the Chattahoochee Riverwalk, the Columbus Museum, the Columbus Civic Center, and the National Infantry Museum. This presents a strong value-add opportunity for investors seeking long-term appreciation in a rapidly developing area with high rental demand. The diverse mix of unit sizes ensures stable cash flow and potential for future rental income growth. This is an ideal investment for those seeking a turnkey property in a desirable and convenient location. The asking price is $800,000.

• Alternative Use

  Use

  Valuation

  Residential

  $339,803

  Hospitality

  $311,258

  Educational

  $258,963

  Medical

  $267,869

  Retail

  $402,831

Location Insight

City

Columbus

County

Muscogee

State

Georgia

Latitude

32.4765

Longitude

-84.9895

CBSA code

17980

CBSA name

COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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