1600 N 27th, Columbus, MS 39701

Property Description

14-unit multifamily in north Columbus, just off 14th Ave N. Built in the 1980s, priced at $475,000, with a ton of upside for the right investor. The mix is 12 two-bedroom units and 2 one-bedroom units, all 1 bath. Two units are rented and 12 are vacant, so you're buying a building with room to grow and not much income to protect. Let's be real: it needs work. This is a value-add deal, and there's a lot of value to add. Bring a contractor, bring a plan, and bring your own vision for the rehab. Why it works for the right buyer: 14 units under one roof, 12 ready to be renovated and lease. It's not a turnkey deal, and it's not meant to be. Come see it, walk the units, and run your numbers.