🏠 Columbus, GA | 💸 Discount TRIPLEX | 🔥 Starting at $23k Per Door

Muscogee County, Columbus, GA, 31903
Sold
Listed at: August 25th, 2024
Price
$69,000
Sq. Footage
2082
Type
Multifamily
Parking
Carport
Year build
1937
Lot size
0.10 acres
Bedrooms
5
Bathrooms
3
Half Bathrooms
1
Summary

🔥HOT INVESTMENT OPPORTUNITY! 🔥

 

  🔨  🏡  Triplex Deal! Starting at 69k!!💲

 

💪 YOU CAN CLICK THE 🙌 WIN IT NOW BUTTON AND AVOID ALL THE BIDDING WARS 🔐 

🔨 This discounted Triplex in Columbus, GA, offers an incredible investment opportunity. The property consists of three units: Unit 1 is a 1 bed, 1 bath renting for $700 per month, Unit 2 is a 1 bed, 1 bath also renting for $700 per month, and Unit 3 is a 3 bed, 1 bath renting for $1,200 per month. With a total of 2,082 sqft, the triplex generates a gross income of $2,600 per month. After accounting for $50 per month in taxes, $150 per month in insurance, and $260 per month in reserves, the property nets $2,140 per month. This brings in $25,680 in the first year, stabilized. This allows a budget of 171k to purchase, rehab and cover closing costs for 3 Doors 🏡

  • Unit 1: 1 bed, 1 bath, rents for $700/month
  • Unit 2: 1 bed, 1 bath, rents for $700/month
  • Unit 3: 3 bed, 1 bath, rents for $1,200/month
  • Gross Income: $2,600/month
  • Vacancy Rate: 10% - 2,340
  • Expenses: $50/month in taxes, $150/month in insurance, $200/month in reserves
  • Net Income: $1,940/month
  • Year One Income (Stabilized): $23,280

 

☑️ PROPERTY DETAILS

🔥 3-Plex Deal

🔧 Rehab: 50-80k Budget (Buyers discrection)

💵 Purchase: 69k and to Avoid bids - 79k

🏠 Delivered Vacant

 

CALL OR TEXT SOLOMONE JR NOW 
(785) 424-5948

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jr Ngata

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