213 16th Street, Columbus, GA 31901

$699,000
4,552
SqFt

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Property Description

8-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY | 90% RENOVATED | UPTOWN COLUMBUS Exceptional opportunity to acquire a substantially renovated, 8-unit multifamily property in the heart of Columbus, Georgia’s thriving Uptown district! Offering approximately 4,552 square feet, this property is 90% renovated, providing investors with the advantage of extensive improvements already completed and significant income-producing potential. Recent upgrades include beautifully renovated bathrooms, refreshed bedrooms and living spaces, new interior and exterior paint, stylish feature walls throughout, modern finishes, and an existing fire protection system. The property features a versatile unit mix of six one-bedroom apartments, one spacious two-bedroom apartment, and one studio apartment, appealing to a broad range of prospective tenants. Currently 100% vacant, this property offers investors a unique opportunity to establish market rental rates, implement their preferred management strategy, and lease all eight units without existing tenant obligations. With major renovations substantially completed, only partial exterior repairs and minor interior finishing items remain, creating an attractive opportunity for investors seeking a streamlined path to stabilization. Conveniently located near Columbus State University, major healthcare employers, Uptown Columbus restaurants and entertainment, the Chattahoochee RiverWalk, shopping, and local attractions. This desirable location offers access to major employment centers and lifestyle amenities that support long-term rental appeal. Whether expanding an established investment portfolio or acquiring your next multifamily asset, 213 16th Street offers an excellent combination of location, substantial capital improvements, flexible leasing potential, and long-term value. Schedule your private showing today and explore the possibilities!

Listing courtesy of The Armani Agency, LLC.

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