3
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$218,000
Est. payment /mo
9 Beds
3 Baths
1,242 SqFt
New
2721, 2212, 202 Hawthorne Drive Columbus, GA 31903
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,242 sqft
Price per Sqft $175
Subdivision Oakland Park
MLS Listing ID 235037
Style Ranch
Bedrooms 9
Full Baths 3
HOA Y/N No
Year Built 1955
Lot Size 9,583 Sqft
Property Sub-Type Single Family Residence
Property Description
Excellent investment opportunity featuring a portfolio of three income-producing residential rental properties in Columbus, GA! This package includes 2721 Hawthorne Drive, 2212 Rosemary, and 202 Prince Avenue, all in good condition with long-term, stable tenants already in place. The properties currently generate a combined $2,320 per month in rental income, totaling $27,840 annually, providing immediate cash flow from day one. With estimated market rents of approximately $1,100 per property, there is significant potential to increase gross rental income to $3,300 per month, or $39,600 annually. That's an opportunity to add nearly $12,000 in annual rental income as rents are brought closer to current market rates! Whether you're looking to expand an existing rental portfolio or establish a solid foundation for long-term real estate investing, this three-property package offers immediate income, established tenants, and excellent potential for future growth. Don't miss this opportunity to acquire three income-producing properties in one transaction!
Location
State GA
Area Muscogee
Building
Lot Description Level
Sewer Public Sewer
Water Public
Architectural Style Ranch
Others
Special Listing Condition Standard
Listed by Coldwell Banker / Kennon, Parker, Duncan & Davis
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