1921 17Th Ave Columbus, GA 31901

This exceptional value-add multifamily investment presents two renovated duplexes totaling four units on a large 0.56-acre lot in Columbus, GA's desirable Lakebottom Park district. The property, built in 1913 and extensively renovated in 2024, boasts a total of 4,019 square feet, offering a compelling blend of historic character and modern upgrades. The main building at 1921 17th Ave features two units: a spacious 1,741 sq ft, 3-bedroom, 2-bathroom unit with a screened porch, and a 1,188 sq ft, 2-bedroom, 1-bathroom unit with a bonus room. Significant renovations include electrical upgrades with separated power and water lines, new meters, updated service entry cables, new 200-amp breaker boxes, new central HVAC systems, fresh paint, new flooring, and updated kitchen countertops. The second building at 1922 16th Ave comprises two smaller units, each with one bedroom and one bathroom (593 sq ft and 497 sq ft), currently generating rental income. The renovations here included interior and exterior painting, new flooring, rewiring to code, and new hardwood and carpet. This Class A property is zoned for multifamily use and presents a strong investment opportunity in a growing market with a robust rental industry. The asking price is $361,700, translating to $90 per square foot. This property offers significant potential for increased rental income and strong returns.