1024 3rd Ave N - Apartments FOR SALE


Columbus, MS 39701- Downtown Columbus MS
$408,500 USD
662-327-0123
1024 3rd Ave N, Columbus, MS for Sale
$408,500 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

1024 3rd Ave N
Columbus, MS 39701
Downtown Columbus MS


OVERVIEW

Fully occupied 6-unit multi-family investment opportunity generating $3,435/month in rental income. This property consists of a fourplex at 1024 3rd Ave North and a duplex at 217 11th St North, all situated on one parcel. With full occupancy, this asset provides immediate, stable cash flow for investors. Recent improvements include a new HVAC system, helping reduce future maintenance concerns and increase long-term value. Conveniently located in Columbus with close proximity to downtown, shopping, and local amenities, this property is well-positioned for continued rental demand. Ideal for investors looking to expand their portfolio with a performing, income-producing property.

FOR SALE DETAILS

PRICE

$408,500 USD

PRICE/SF

$74 USD /SF

# OF UNITS

6

PRICE/UNIT

$68,083

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1840

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,219 SF

ZONING

-

APN/PARCEL ID

61W10-01-13100

ASK ABOUT THIS PROPERTY

Tanner DolanSwoope Real Estate & Property ManagementMore Info
662-327-0123

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Tanner DolanSwoope Real Estate & Property ManagementMore Info
662-327-0123

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.