1641 16th Avenue, Columbus, GA 31901

New Investment Opportunity in Midtown! Here's your chance to own a rare 6-unit multifamily property in desirable Weracoba Heights, right on the picturesque 16th Ave. This property offers INCREDIBLE POTENTIAL for a savvy investor ready to put in the work and bring this gem up to its full earning power. The main brick house holds 5 units, plus a detached cottage in the back — for a total of 6 rental opportunities. Currently, Units 1 & 5 are vacant and available for viewing, with Unit 3 expected to be available soon. The property features onsite & street parking and sits just two blocks from Lakebottom Park, in one of Columbus's most sought-after locations — convenient to everything in Midtown, Uptown, CSU, dining, shopping, and entertainment. While producing income, this property is primed for updating and repositioning. Current rents: Unit 2 at $850, Unit 3 at $925, and Unit 4 at $500. Historically, the cottage rented for $800, Unit 1 for $850, & Unit 5 for $700, bringing in … read more …