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$115,000
Listing Price2beds
2baths
960sqft
8,276sqft lot
485 Mellon St, Columbus, GA 31903
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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 fl
Interior Details
960
2
2
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
Yes
Cooling Type:
None
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
8276
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
Block
N/A
Hip
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$574
$3,144
$10,932
--%
$14,076
2019
$576
$3,144
$10,932
--%
$14,076
2017
$1,588
$3,144
$10,932
--%
$14,076
2017
$1,588
$3,144
$10,932
--%
$14,076
2016
$253
$1,806
$4,347
--%
$6,153
2013
$254
$1,806
$4,347
--%
$6,153
2012
$255
$1,806
$4,347
--%
$6,153
Average Home Price in 31903
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