$450,000 Price Analysis    ♡   Columbus, GA 31907 Unknown bed None bath 5,916 SqFt ($76/SqFt) 1.6 acre lot. Built 1990 Listed 2024-01-29, Taxes $3,009 | Ⓧ USDA Ineligible due to location near Columbus |
GREAT OPPORTUNITY FOR BUILDER OR INVESTOR!
6 UNIT apartment complex on 1.6 ACRES adjacent to Bull Creek with room for further development. Units 1, 2, 5and6 are 3bd/2ba rented for $625. Units 3and4 are 2bd/1ba rented for $57 5. All 6 units are totally electric with separate water meters, C/H/A, hardwood floors and separate laundry rooms.
Long-standing tenants with rents below market. Potential for substantil rent increases with improvements. PLEASE DO NOT DISTURB TENANTS. Property is being sold AS/IS. 6 UNITS ON 1.6 ACRES with room to build. Four of the units are 3bd/2ba and the other two are 2bd/1ba. All of the units are totally electric with separate water meters, C/H/A, hardwood floors and separate laundry rooms.
Presented by Justin Lange at
Lange Realty, Llc.
Property MLS #209973 from ColumbusGA
Lot Size Acres: 1.6
Lot Size Dimensions: 69696
Lot Size Square Feet: 69696
Unit Features: Five Plus Units, Central Air, Deck, Hardwood Floors, Range, Refrigerator, Washer/Dryer Connection
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit 1 Total Actual Rent: 625
Unit 2 Total Actual Rent: 475
Unit 3 Total Actual Rent: 575
Unit 4 Total Actual Rent: 575
Source Listing Status: Active
County: MUSCOGEE
Directions: Take 185 South to Macon Road. Turn left on Macon and take a right onto Forest Road. Drive 1.4 miles to Avalon Rd. Turn right on Avalon and take a left on Lamore Street. The destination will be at the end of Lamore St.
Tax Year: 2022
Source Property Type: Residential Income
Area: 04-E C Columbus
Source Neighborhood: EAST EDGEWOOD
Parcel Number: 086 046 025
Subdivision: EAST EDGEWOOD
Zoning: RMF2
Property Subtype: 5 Plus
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $67,194 + $19,516 $86,710 | $3,009 |
| 2021 | $55,704 + $19,516 $75,220 | $3,071 |
| 2020 | $55,704 + $19,516 $75,220 | $3,072 |
| 2019 | $55,704 + $19,516 $75,220 | $3,081 |
| 2018 | $55,704 + $19,516 $75,220 | $3,081 |
| 2017 | $55,704 + $19,516 $75,220 | $6,709 |
| 2016 | $66,000 + $8,400 $74,400 | $3,069 |
| 2014 | $52,944 + $8,400 $61,344 | $2,536 |
| 2012 | $unknown + $unknown $61,344 | $2,542 |
| 2011 | $unknown + $unknown $61,344 | $2,545 |
| 2008 | $unknown + $unknown $61,344 | $2,547 |
$450,000
ColumbusGA
Construction Materials: Frame
Property Age: 34
Water Source: Public
Map directions Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.