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