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Pending
  • Price cut: $9.5K (3/7)
    $105,000

    485 Mellon St, Columbus, GA 31903

    2beds
    960sqft
    : 
    Single Family Residence
    Built in 1960
    8,276.4 Square Feet Lot
    $-- Zestimate®
    $109/sqft
    $-- HOA

    What's special

    Modern lvp flooringNewly added kitchenettesTree removal
    Investors, seize this exceptional opportunity to add a prime duplex to your portfolio! This well-maintained property features two fully remodeled 1-bedroom, 1-bath units, perfect for generating consistent rental income. Each unit has been updated with fresh interior and exterior paint. Recent renovations include the removal of a dilapidated enclosed porch and tree removal, providing a clean, inviting exterior. Significant upgrades have been made to ensure long-term durability and efficiency. The building showcases new fascia, soffit, and trim, along with a brand new 25-year architectural shingle roof and stylish new front doors. Inside, modern LVP flooring, two newly added kitchenettes—each equipped with sinks—make these units highly functional for tenants. The bathrooms have been tastefully updated with new vanities, plumbing, and fixtures. Additional improvements include brand new electric hot water heaters with protective pans, ensuring peace of mind for you and your tenants. The front fence has been repaired, adding to the property's overall appeal and security. Every unit has been fitted with new fixtures and upgraded electrical outlets, including GFCIs for safety compliance. Financially, this duplex is a standout investment. Each unit can generate approximately $800 per month, yielding a total income of $1,600. When factoring in management fees, vacancies, property taxes, insurance, and maintenance costs, the estimated cap rate stands around 11%. This impressive cash flow potential makes it a smart addition to any real estate portfolio. Constructed of all block, this building is built to last, requiring no immediate updates or repairs. With its strategic location and strong rental demand, this duplex promises to be a reliable source of income for years to come. Don't miss out on this opportunity to secure a soun
    189 days
    on Zillow
    |
    202
    |
    14
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: April 23, 2025 at 08:15am

    Listed by:

    Michael Kennedy 706-332-5940,

    Coldwell Banker / Kennon, Parker, Duncan & Davis,

    Melinda Kennedy 706-575-8495,

    Coldwell Banker / Kennon, Parker, Duncan & Davis

    Source: CBORGA,MLS#: 216609MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Dishwasher
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 960
    • Total interior livable area: 960 sqft
    Video & virtual tour

    Property

    Features
    • Levels: One
    Lot
    • Size: 8,276.4 Square Feet
    Details
    • Parcel number: 048 002 003A

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s), None
    • Subdivision: Andrews
    Location
    • Region: Columbus

    Financial & listing details

    • Price per square foot: $109/sqft
    • Tax assessed value: $49,290
    • Annual tax amount: $772
    • Date on market: 10/19/2024
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