202 Hawthorne Dr, Columbus, GA 31903

$218,000
9
BD
3
BA
1,242
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$218,000
MLS#
235037
Status
ACTIVE
Style
Ranch
Bedrooms
9
Bathrooms
3
Acres
0.22
County
Muscogee
City
Columbus
Subdivision
Oakland Park

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!

Additional Information

Water
Public
Sewer
Public Sewer

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker / Kennon, Parker, Duncan & Davis.