922 Hardegree Dr, Columbus, GA 31907📍
Rare subto deal in a strong market with 2.5% interest rate, positive cash flow, built-in equity and multiple exits, wow!
Cozy all-brick home with great curb appeal, nestled on a 0.3 acre corner lot. This property boasts a formal living and dining area, large kitchen with breakfast area, expansive den and spacious bedrooms. Located minutes from shopping and schools, this is a great rental property with strong appreciation potential. No HOA community allows for multiple exits including MTR, STR and coliving.
Property details:
- 3 beds / 2 baths, 2,322 sqft
- Single story, 4 side brick, slab foundation
- Spacious floorplan w/formal living & dining, large kitchen w/breakfast area, den
- Corner lot, 0.3 acres
- Fenced backyard with shed
- Attached double carport
- Located minutes away from shopping and schools
- Flood zone: No
- HOA: No
Condition:
- Excellent condition, very clean, updated kitchen with stainless steel appliances
- Roof is 5 years old and is performing as intended
- The foundation is performing as intended
- Recommended rehab: replace the carpet and touch up the paint
About Columbus:
- The second most populous city in Georgia after Atlanta
- City population 206,922, with 328,883 in the Columbus MSA and 563,967 in the Columbus–Auburn–Opelika combined MSA (2020)
- Vibrant job market with 4.5% unemployment rate (2024)
- Major employers insurance (Blue Cross Blue Shield), manufacturing (KIA, Hyundai, Pratt & Whitney), healthcare (Piedmont) and fintech (TSYS)
Exit strategies:
- LTR, MTR, STR, coliving (no HOA)
- Wrap to a retail buyer
Numbers:
- Purchase terms:
- Interest rate: 2.5%
- Loan balance: $138,637
- PITI: $1,074
- Entry Fee: ask for details
- ARV:
- $210,000 (sold comps)
- $212,400 (zestimate)
- Rent:
- LTR: $1,300-1,575 (rental comps), $1,433 (zestimate)
- STR: $2,700 (Airdna)
Mortgage statement/payoff: available upon request
Closing date: Jan 31 or earlier
EMD: $5k non-refundable EMD
*** BUYERS SHOULD DO THEIR OWN DUE DILIGENCE. INFORMATION IS DEEMED RELIABLE BUT NOT GUARANTEED. NO REPRESENTATION IS EXPRESSED OR IMPLIED. THE PROPERTY IS SOLD AS IS AND WHERE IS. ***