🏠 Serene Brick Oasis: Perfect Rental For 1% Rule 🔑

 This is the perfect rental investment opportunity in Columbus, GA! Positioned in an attractive neighborhood, with easy access to the airport, parks, Columbus Park Crossing shopping center, restaurants, grocery stores, Peachtree Mall, golf courses, highways, hospital and medical facilities. This property needs minimal rehab and would be great as a rental or flip. Dont miss out on a chance to invest in a property in a booming location.

ASKING PRICE: $110K

ARV: $144K

***Click Here For Photo Link***

PREFERRED LENDER LINK

Perfect For:

🚪 Buy & Hold Rental:

(Purchase Price) $110K + (Rental Rehab) $10K = (Total Investment) $125K

(Rent Rate) $1300/mo 

*** House was rented 6 months ago for $1,150/month ***

RENTAL COMPS:

3314 Apache Dr, Columbus, GA 31909 | RENT $1,400/MO

(100 sqft larger, 1 extra bath)

5714 Armour Rd, Columbus, GA 31909 | RENT $1,195/MO

(25 sqft larger, 1 less bedroom)

🛠️ Fix & Flip:

(Purchase Price) $110K + (Rehab) $20K = (Total Investment) $130K

(ARV) $144K - (Total Investment) $130K = (Gross Profit) $14K

SOLD COMPS:

6305 Highland Ave, Columbus, GA 31909 | SOLD $135K

(10 years older, 189 sqft larger)

5602 Fairchild Dr, Columbus, GA 31909 | SOLD $132K

(177 sqft smaller, 1 year newer)

Property Overview:

🛏 3 Bedrooms

🛁 1 Bathroom

📏 975 Sqft. 

🌳0.41 Acres

📅 Built in 1961

Property Details:

🧱Foundation: Block with Crawl Space 

🪟Windows Age: Original

🏠Roof Age: 15-20 Years Old

💨HVAC Age: Installed 2 Years Ago

💦HWH Age: Installed 2 Years Ago

🪠Plumbing Age: Polybutylene; No Issues

💡Electrical: Updated Breakers  

🌊 City Water 

🚽 Waste: Sewer

Additional Insights

🛠️Updated Required: 

• Needs $15K- $25K in rehab
• Needs new roof

✅Updates Completed:

• New hardwood floors 6 months ago

 PLEASE CALL TO SCHEDULE SHOWINGS: 919-646 9714

TENTATIVE CLOSE DATE: ON OR BEFORE 09/19/2024

*PROPERTY IS DELIVERED VACANT*