1921 17th Ave Columbus GA | 1921 17th Ave
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1921 17th Ave Columbus GA 1921 17th Ave
4 Unit Block of Flats £285,381 (£71,345/Unit) 9.47% Net Initial Yield Columbus, GA 31901
Investment Highlights
- Income property on large lot near Lake bottom park in Columbus GA Midtown area.
- Unit 1 has approx 1741 sq ft with 3 large bedrooms, 2 baths, formal dining room, kitchen, large living room, office/ library a nice size laundry room
- Electrical upgrade and separation of power and water lines, new meters to units 1 & 2, new service entry cables, power panel box and new HVAC
Executive Summary
Income producing multi-family property conveniently located in the desirable Lakebottom Park district. Has 2 historic homes with a total of 4 units on a large 100' x 245' lot. Main unit at 1921 17th Ave has been renovated. Upgrades include Electrical upgrade and separation of power and water lines, new meters to both units, new service entry cables, power panel box changed from fuse boxes to 200 amp breaker boxes, new central HVAC, All new paint throughout, new flooring, and kitchen countertops. The upstairs unit has approx 1188 sq ft with a large living room, a bonus room that can be used as a office or gaming room and the bedroom has a sitting room or a small nursery. The larger unit downstairs with approx 1741 sq ft has 3 bedrooms, 2 baths, formal dining room, kitchen, large living room, a nice size laundry room and a screened in front porch. Units at 1922 16th Ave are 1 bedroom and 1 bath 593 sq ft & 497 sq ft renting for $600 and $300 a month
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
3+2 | 1 | £1,262 | 1,741 |
2+1 | 2 | £552.30 | 1,188 |
1+1 | 3 | £473.40 | 593 |
1+1 | 4 | £236.70 | 497 |
zoning
Zoning Code | MRI |
MRI |
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1921 17th Ave Columbus GA | 1921 17th Ave
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