Income-producing investment property currently rented for $795 per month. At the individual allocated price of $79,500, the property reflects an estimated 9.2% cap rate based on current rent and seller-provided operating expense assumptions. Recent improvements include a new water heater installed in 2024, updated kitchen cabinets, sink and countertop, sheetrock… Read More and painting, along with a newer gas space heater and additional miscellaneous upkeep. This property is not currently available for individual purchase and must be purchased as part of a three-property investment package with 1015 11th Avenue and 1822 6th Court. The combined package is offered at $288,500, produces $2,985 per month in current rental income, and reflects an estimated package cap rate of approximately 9.5% based on seller-provided income and expense information. The package offers an investor three occupied income-producing properties with established rental history and documented improvements. Contact listing agent for rent roll, lease information, operating expenses, and complete package details. Read Less
Courtesy of Michael Terrell, Keller Williams Realty River Cities 706-221-6900
Listing Snapshot
Days Online
14
Last Updated
Property Type
Single Family Residence
Beds
1
Full Baths
1
Square Ft.
780
Lot Size
0.17 Acres
Year Built
1940
MLS Number
234196
30 Days Snapshot Of 36867
$212k
-6%
(avg) sold price
9
+12%
homes sold
73
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Cooling
Window Unit(s)
Appliances & Equipment
Electric Range
Basement
Basement: Other-See Remarks
Building
Built in 1940, Living area: 780, Building area total: 780, Levels: One, Architectural style: Traditional, Construction materials: Frame, 1 story
Heating
Natural Gas
Lot
0.17 acres, 7,405 square feet, Level
Parking
Driveway
Security Features
None
Sewer
Public Sewer
Utilities
Underground Utilities
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Source: Columbus Board of REALTORS
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