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Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Midtown Neighborhood
MLS Listing ID 7350338
Sold Date 04/22/24
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1920
Annual Tax Amount $1,321
Tax Year 2022
Lot Size 0.340 Acres
Acres 0.34
Property Description
Discover an unparalleled real estate opportunity in this strategically located property featuring three unique units. Whether you're an investor seeking to expand your portfolio or a home-hacking enthusiast, this offering combines convenience, versatility, and potential for immediate returns.
This property offers a unique configuration of three units, comprising an independent building and a duplex, making it an ideal investment for those looking to expand their portfolio or for home-hacking enthusiasts.
**Key Features:**
**Versatile Unit Configuration:**
- Boasting three units, including an independent single-family residence and a duplex, this property offers versatility to cater to various investment strategies.
**Investment Appeal:**
- Ideal for investors seeking to diversify their portfolio, the property presents a unique combination of immediate returns and future potential. With one unit currently leased, the other two units provide opportunities for customization and increased rental income.
**Strategic Location:**
- Conveniently located near downtown Columbus, the property provides easy access to Alabama, Chattahoochee, and Larson Army Airfield Museums. This prime location enhances its desirability for both tenants and investors alike.
**Home-Hacking Opportunities:**
- Perfect for home-hacking investors, the duplex and independent unit offer the flexibility to live in one unit while renting out the others. This arrangement maximizes your investment potential and aligns with modern living preferences.
**Current Rental Income:**
- One unit is already generating rental income, providing stability and an immediate return on investment. This income stream allows for a seamless transition while the new owner explores the potential of the remaining vacant units.
**Well-Maintained Residences:**
- Each unit is well-maintained, ensuring a low-maintenance transition for the new owner. This minimizes the need for immediate renovations and positions the property as a turnkey investment.
**Proximity to Military Installations:**
- With Larson Army Airfield in close proximity, the property caters to military personnel seeking convenient and comfortable housing. Leverage the demand from this demographic for consistent occupancy and rental income.
Don't miss the chance to own a property that combines immediate returns, cultural proximity, and strategic location. Schedule a viewing and explore the limitless potential of this prime real estate offering!
Location
State GA
County Muscogee
Lake Name Oliver
Interior
Heating Natural Gas
Cooling Ceiling Fan(s)
Window Features Insulated Windows
Exterior
Garage Driveway
Fence Chain Link
Community Features None
Utilities Available None
Waterfront Description None
View Other
Roof Type Shingle
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Other
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Rigdon Road
Middle Schools Baker - Fl
High Schools Carver
Others
Senior Community no
Tax ID 038006025
Special Listing Condition None
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Bought with Coldwell Banker Realty