5221 Thomason Ave, Columbus, GA 31904

$70,000 • 3 Beds / 1 Baths • 1,112 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 1
  • 1933
  • 1112
  • 9148
  • No Garage

Description

5221 Thomason Ave, Columbus, GA 31904

Off-Market Opportunity – Full Rehab with Strong ARV!

This single-family home is ready for a complete makeover, making it an ideal project for investors looking to add value. Located in Columbus, this property offers an ARV of $120k+ after repairs, with plenty of potential to create a solid return.

Key Features:

  • 3 bedrooms / 1 bathroom
  • Heating: Gas floor heater, no central heat or air (window unit in place)
  • Roof: 6-10 years old, will need replacing
  • Utilities: City water, sewer, and gas
  • Foundation: No known issues
  • Equity: Free and clear of mortgage, but has $6,500 in back taxes

This home is vacant and will need a full rehab, including a new roof. Whether you’re looking to flip or hold, this property has a great value-add potential with comps in the area supporting a strong after-repair value.

Estimated Spread

  • Price $65,000
  • Spread -$65,000

DOCS

File Name Size

5221 Thomason Avenue inspection report .pdf

38kb
Download

20241022-Rent Report-5221_Thomason_Ave_Columbus_GA_31904_USA-3-bed-RZKiGLPxzyw.pdf

38kb
Download

Similar Properties

single_propertie_
611 23rd St, Columbus, GA 31904

4 Bedrooms | 1 Baths | 2,166 ft

single_propertie_
101 Hines Rd, Hogansville, GA 30230

2 Bedrooms | 1 Baths | 965 ft

single_propertie_
1009 20th St, Phenix City, AL 36867

3 Bedrooms | 2 Baths | 1,760 ft

single_propertie_
2204 Hunter Ct, Columbus, GA 31907

3 Bedrooms | 2 Baths | 1,154 ft