817 College St - Multi-Family FOR SALE


Columbus, MS 39701- Downtown Columbus MS
$379,000 USD
662-327-0123
817 College St, Columbus, MS for Sale
$379,000 USD
Multi-Family - FOR SALE
1/23
null | 9.23% Cap Rate

817 College St
Columbus, MS 39701
Downtown Columbus MS


HIGHLIGHTS

  • Close to downtown and campus

OVERVIEW

Excellent investment opportunity at 817 College Street in Columbus, MS! This 6-unit multifamily property is offered at $379,000 and is currently generating $3,655 per month in gross rental income. The property consists of six income-producing units with strong occupancy history and consistent cash flow. With current annual gross rents of $43,860, this asset offers immediate income from day one with additional upside potential through rental increases and continued management improvements. Excellent investment opportunity at 817 College Street in Located in an established area of Columbus, the property provides convenient access to downtown amenities, Mississippi University for Women, local employment centers, shopping, and dining. The strong rental demand in this corridor makes this an attractive option for both seasoned investors and those looking to expand their portfolio. Whether you are seeking a stable cash-flowing asset or a value-add opportunity in a growing rental market, 817 College Street delivers solid fundamentals at an attractive price point.

FOR SALE DETAILS

PRICE

$379,000 USD

PRICE/SF

$103 USD /SF

# OF UNITS

6

PRICE/UNIT

$63,167

CAP RATE

9.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

817 College

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

61W470000600

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.