Investor Opportunity – Strong Cash Flow with Significant Upside! Unlock the potential of this 12-unit multifamily investment situated on nearly 3 acres with immediate income and substantial value-add opportunities. Currently, 6 of the 12 units are occupied, with five units renting for $1,075 per month and one unit renting… Read More for $875 per month, providing steady cash flow from day one. Five of the occupied units have already been renovated, while only one occupied unit remains to be updated. The remaining 6 vacant units are spread across three separate buildings (two units per building), offering an excellent opportunity to increase occupancy and maximize rental income. Whether you're looking to complete renovations, lease up the vacant units, or reposition the property for stronger returns, this asset offers multiple paths to increased value. With six individual buildings, nearly 3 acres of land, and an asking price well below the appraised value, this is a rare opportunity for investors seeking immediate cash flow, appreciation potential, and long-term portfolio growth. Schedule your showing today. Read Less
Courtesy of Courtney Jimmerson, Keller Williams Auburn/Opelika 334-209-3242
Listing Snapshot
Days Online
1
Last Updated
Property Type
Duplex
Beds
8
Square Ft.
9,084
Lot Size
2.74 Acres
Year Built
1980
MLS Number
232948
30 Days Snapshot Of 36869
$239k
+4%
(avg) sold price
8
+33%
homes sold
78
+95%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1980, Living area: 9,084, Building area total: 9,084, Construction materials: "Frame"
Cooling
"Central Air"
Heating
"Electric", "Forced Air"
Lot
2.74 acres, 119,354 square feet, "2 to 3 Acres", "Level"
Parking
24 total parkings, "Two per Unit"
Security Features
"None"
Sewer
"Public Sewer"
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Source: Columbus Board of REALTORS
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