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$ 399,999
Est. payment /mo
Price Dropped by $8K
1024 3rd AVE N Columbus, MS 39701
5,503 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,503 sqft
Price per Sqft $72
MLS Listing ID 26-968
Annual Tax Amount $5,526
Tax Year 2025
Lot Dimensions 95x173
Property Sub-Type Multi Family
Source Golden Triangle Association of REALTORS®
Land Area 5503
Property Description
Fully occupied 6-unit multi-family investment opportunity currently generating $4230/month in rental income and pro-forma of $4,450/month. This property consists of a fourplex at 1024 3rd Ave North and a duplex at 217 11th St North, all situated on one parcel.
With full occupancy, this asset provides immediate, stable cash flow for investors. Recent improvements include a new HVAC system, helping reduce future maintenance concerns and increase long-term value.
Conveniently located in Columbus with close proximity to downtown, shopping, and local amenities, this property is well-positioned for continued rental demand.
Ideal for investors looking to expand their portfolio with a performing, income-producing property.
With full occupancy, this asset provides immediate, stable cash flow for investors. Recent improvements include a new HVAC system, helping reduce future maintenance concerns and increase long-term value.
Conveniently located in Columbus with close proximity to downtown, shopping, and local amenities, this property is well-positioned for continued rental demand.
Ideal for investors looking to expand their portfolio with a performing, income-producing property.
Location
State MS
County Lowndes
Area 03 - North Columbus
Interior
Heating Central, Natural Gas
Cooling Central Air, Gas
Heat Source Central, Natural Gas
Exterior
Parking Features None
Roof Type Architectural
Garage No
Others
Senior Community No
Tax ID 61W100113100
Listed by SWOOPE REAL ESTATE & PROPERTY MANAGEMENT LLC
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