Great opportunity for a great investment! So much character and original storage closets and built ins. There are a total of 4 units that have been consistently been bringing in total rents of $2325. These rates have not been adjusted for several years so there is plenty of room for adjustment. 3 units in the main building are currently vacant so you can do whatever you'd like with them! Immediately start leasing them, make changes to them if you desire, or convert back to a single family home and leave the back studio as an income opportunity. Studio is occupied by a very long term faithful renter. Landlord pays water for the main building. Studio renter pays water. All units pay electric separately. Great location convenient to Cummins plant and downtown. So much space for a great price means you can be creative and use it to earn even more!
The median home value in Columbus, IN is $264,000. This is higher than the county median home value of $145,300. The national median home value is $219,700. The average price of homes sold in Columbus, IN is $264,000. Approximately 59.52% of Columbus homes are owned, compared to 34.07% rented, while 6.42% are vacant. Columbus real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Columbus real estate agent to arrange a tour today!
Columbus, Indiana has a population of 46,926. Columbus is more family-centric than the surrounding county with 31.92% of the households containing married families with children. The county average for households married with children is 31.63%.
The median household income in Columbus, Indiana is $57,535. The median household income for the surrounding county is $57,331 compared to the national median of $57,652. The median age of people living in Columbus is 36.2 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 20.7 degrees. The average rainfall is approximately 45.2 inches per year, with 16.3 inches of snow per year.