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$ 475,000
Est. payment /mo
New
1600 N 27th ST Columbus, MS 39701
5,168 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,168 sqft
Price per Sqft $91
MLS Listing ID 26-2426
Annual Tax Amount $6,133
Tax Year 2025
Lot Dimensions 0.8 ACRES
Property Sub-Type Multi Family
Source Golden Triangle Association of REALTORS®
Land Area 5168
Property Description
14-unit multifamily in north Columbus, just off 14th Ave N. Built in the 1980s, priced at $475,000, with a ton of upside for the right investor.
The mix is 12 two-bedroom units and 2 one-bedroom units, all 1 bath. Two units are rented and 12 are vacant, so you're buying a building with room to grow and not much income to protect.
Let's be real: it needs work. This is a value-add deal, and there's a lot of value to add. Bring a contractor, bring a plan, and bring your own vision for the rehab.
Why it works for the right buyer:
14 units under one roof, 12 ready to be renovated and lease.
It's not a turnkey deal, and it's not meant to be. Come see it, walk the units, and run your numbers.
The mix is 12 two-bedroom units and 2 one-bedroom units, all 1 bath. Two units are rented and 12 are vacant, so you're buying a building with room to grow and not much income to protect.
Let's be real: it needs work. This is a value-add deal, and there's a lot of value to add. Bring a contractor, bring a plan, and bring your own vision for the rehab.
Why it works for the right buyer:
14 units under one roof, 12 ready to be renovated and lease.
It's not a turnkey deal, and it's not meant to be. Come see it, walk the units, and run your numbers.
Location
State MS
County Lowndes
Area 03 - North Columbus
Interior
Heating Electric
Cooling Electric, Window Unit(s)
Heat Source Electric
Exterior
Parking Features None
Roof Type Flat
Garage No
Others
Senior Community No
Tax ID 56W200100100
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