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33422579

2738 Baldwin Street, Columbus, GA 31906

AO
GA 253332
Cross Creek Realty
Listed by Cross Creek Realty
$72,670
4 days on market
Updated 4 days ago
Opportunity zone

2738 Baldwin Street

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,588
Net Rentable (SqFt) 3,588
Units 5
NOI $20,700
Occupancy 60%
Tenancy Multi
Class C
Year Built 1975
Buildings 2
Acreage 0.170
Zoning C-3
Investment Type Value Add
Sale Condition For sale by owner

Multifamily | 5 Units

Marketing description

VALUE-ADD 5-UNIT MULTIFAMILY INVESTMENT | COLUMBUS, GA

2738 Baldwin Street presents an opportunity to acquire a five-unit residential income property consisting of a detached single-family residence and a four-unit apartment building on one parcel.

The property contains approximately 3,588 square feet and offers immediate upside through lease-up of two vacant units and rent growth among occupied units. Current occupancy generates income while allowing investors to increase cash flow through active management.

Property Features:

• 5 Total Units

• One Single-Family Residence

• Four-Unit Apartment Building

• Off-Street Parking

• 3,588 SF Improvements

• Two Vacant Units

• Value-Add Opportunity

• Workforce Housing Asset

Located in Columbus, Georgia, the property benefits from proximity to Downtown Columbus, Fort Moore, Columbus State University, major employers, retail corridors, and transportation routes.

Ideal for investors seeking an affordable multifamily asset with upside potential through lease-up and rental increases.

Investment highlights

  • Five-unit multifamily investment consisting of one single-family residence and one four-unit apartment building
  • Total building area approximately 3,588 square feet
  • Three occupied units and two vacant units providing immediate upside
  • Opportunity to increase rents to market levels
  • Off-street parking
  • Located within established residential neighborhood near Downtown Columbus
  • Ideal opportunity for value-add investors seeking cash flow and rental growth

Listing Contacts

AO
GA 253332
Cross Creek Realty
Listed by Cross Creek Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$20,700.00
$1,725.00/mo

Valuation Metrics

0
DSCR
28.48%
Cap Rate
28.48%
ROI

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