485 Mellon Street

Columbus, GA 31903

$114,999
Price
2
Beds
2
Baths
960 Sq. Ft.
$120 / Sq. Ft.
960
Sq. Ft.
$120
per Sq. Ft.

Description

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...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 flow potential makes it a smart addition to any real estate portfolio. Constructed of all block, this building is built to last, requiring no immediate updates or repairs. With its strategic location and strong rental demand, this duplex promises to be a reliable source of income for years to come. Don't miss out on this opportunity to secure a soun
  1. Listed by Michael Kennedy • Coldwell Banker / Kennon, Parker, Duncan & Davis
  2. Listed by Melinda Kennedy • Coldwell Banker / Kennon, Parker, Duncan & Davis

Property Details for 485 Mellon Street

Subdivision Name
Andrews
Waterfront
No
LISTING UPDATED: 12/09/2024 07:36 PM

Property Details for 485 Mellon Street

StatusActive
MLS #216609
Days on Market64
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1959
Lot Size0.19 AC / 8,276 SF
CountyMuscogee County

Building Information for 485 Mellon Street

Stories-Year Built1959Building Size-Lot Size0.19 AC / 8,276 SF

Property Information for 485 Mellon Street

Summary
Location and General Information
  • Coordinates: -84.949852,32.450679
  • Directions: From I-185s, Take Exit 4 And Turn Right Onto Buena Vista Rd. Turn Left Onto Andrews Rd. Take Sharp Left Onto E Central St. Turn Right Onto Mellon St.
  • Latitude: 32.45
  • Longitude: -84.95
Taxes and HOA Information
  • Association: No
  • Parcel Number: 048 002 003A
  • Tax Legal Description: Deed Book 14483, Page 42 - A-Par A Rep Pt Lts 23, 24, 25 D A Andrews
Property
Property and Assessments
  • Construction Materials: Brick
  • Development Status: Complete
  • New Construction: No
  • Property Facts: Don't miss this fantastic investment opportunity to enhance your portfolio! This fully remodeled duplex features two spacious 1-bedroom, 1-bath units, each updated to perfection. Recent renovations include fresh interior and exterior paint, tree removal, and the removal of a dilapidated enclosed porch. The exterior boasts new fascia, soffit, and trim, along with a brand new 25-year architectural shingle roof and new front doors. Inside, enjoy LVP flooring, two modern kitchenettes with sinks.
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Sign On Property: Yes
Lot Information
  • Building Area Total: 960.0
  • Living Area: 960.0
  • Lot Size Acres: 0.19
  • Lot Size Area: 8276.4
  • Lot Size SquareFeet: 8276.4
  • Lot Size Units: Square Feet
  • Year Built: 1959
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Security Features: Smoke Detector(s), None
Interior Features
  • Appliances: Dishwasher
  • Basement: Crawl Space
  • Heating: No
  • Levels: One
Room Information
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • Baths-Lower: 0
  • Baths-Upper: 0
  • Main Level Bathrooms: 2
Bedrooms
  • Bedrooms Total: 2
  • Main Level Bedrooms: 2
Rental
Rent Information
  • Occupant Type: Vacant

Property History for 485 Mellon Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 485 Mellon Street

Taxable ValueLand$3,144Additions$16,572Total$19,716
Tax Record2023$777 ($65 / month)
Home Facts
Beds2Baths2Total Finished SqFt960 SqFtAbove Grade Finished SqFt960 SqFtStories1Lot Size8,276 SqFtStyleSingle Family ResidenceYear Built1959CountyMUSCOGEEAPN048 002 003A

Schools near 485 Mellon Street

This home is within Muscogee County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Martin Luther King- Jr. Elementary School
PublicK to 5

Baker Middle School
Public6 to 8

Carver High School
Public9 to 12

Rainey McCullers School of the Arts
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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485 Mellon Street is a single family home for sale in Columbus, GA 31903. This property was listed for sale on October 19, 2024 by Coldwell Banker / Kennon, Parker, Duncan & Davis, it's currently listed at $114,999. This listing's school district is Muscogee County School District. Nearby schools include Martin Luther King- Jr. Elementary School, Baker Middle School and Carver High School. 485 Mellon Street is a 2-bed, 2-bath, 960 sqft single family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker / Kennon, Parker, Duncan & Davis, Michael Kennedy; Coldwell Banker / Kennon, Parker, Duncan & Davis, Melinda Kennedy

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.