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$ 397,000
Est. payment /mo
Active
610 22nd ST N Columbus, MS 39701
5,072 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,072 sqft
Price per Sqft $78
MLS Listing ID 26-2373
Annual Tax Amount $3,326
Tax Year 2025
Lot Dimensions 135.00X 158
Property Sub-Type Multi Family
Source Golden Triangle Association of REALTORS®
Land Area 5072
Property Description
12 brick townhouses being sold together. This is a value-add opportunity for an investor with a plan and a repair budget.
7 units are currently rented, with rents well below market. The other 5 are vacant, so you can renovate and lease them at today's rates. Brick construction throughout, and the roof is newer, installed by Wheeler Roofing.
The units need repairs and updating. That's where the upside is. Fix up the vacant units, bring rents up as leases roll, and you've got both cash flow and equity growth. With 7 units already occupied, you'll have income coming in while you work on the rest.
Rent roll and lease information are available with an accepted showing request.
7 units are currently rented, with rents well below market. The other 5 are vacant, so you can renovate and lease them at today's rates. Brick construction throughout, and the roof is newer, installed by Wheeler Roofing.
The units need repairs and updating. That's where the upside is. Fix up the vacant units, bring rents up as leases roll, and you've got both cash flow and equity growth. With 7 units already occupied, you'll have income coming in while you work on the rest.
Rent roll and lease information are available with an accepted showing request.
Location
State MS
County Lowndes
Area 03 - North Columbus
Interior
Heating Electric, Other
Cooling Electric, Window Unit(s)
Heat Source Electric, Other
Exterior
Parking Features None
Roof Type Architectural
Garage No
Others
Senior Community No
Tax ID 61W050203801
Listed by TRUE REAL ESTATE LLC
Michelle McGill
Top-Producing Realtor® | The McGill Group | Real Broker License ID: S56983
+1(662) 251-7417 | michellemcgill@themcgillgroup.ms