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4731 Marino St - Income producing 2 unit property 1,968 SF Specialty Building Offered at $217,163 CAD at a 12% Cap Rate in Columbus, GA 31907
Investment Highlights
- Income Producing 2 Unit Property
- Separate Driveways and separate fenced in yards
- Strong 12% cap rate
Executive Summary
Fully occupied income-producing property with 2 units, offering immediate cash flow in Columbus, Georgia. This approximately 1,968 square foot investment property features two separately occupied units. Unit 1 is a 3 bedroom, 1 bath with a private carport and fenced backyard. Unit 2 is a 2 bedroom, 1 bath with its own private driveway and fenced backyard. The property is currently generating an annual NOI of $18,540, resulting in an estimated 12% cap rate. Whether you're looking to expand your rental portfolio or purchase a multigenerational home, this turnkey property offers immediate income, stable occupancy, and strong investment potential. Conveniently located near shopping, schools, major employers, and Fort Benning, making it an attractive option for long-term tenants.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$37,744
|
$19.18
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$37,744
|
$19.18
|
| Taxes |
$1,522
|
$0.77
|
| Operating Expenses |
$10,247
|
$5.21
|
| Total Expenses |
$11,769
|
$5.98
|
| Net Operating Income |
$25,975
|
$13.20
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $37,744 |
| Annual Per SF | $19.18 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $37,744 |
| Annual Per SF | $19.18 |
| Taxes (CAD) | |
|---|---|
| Annual | $1,522 |
| Annual Per SF | $0.77 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $10,247 |
| Annual Per SF | $5.21 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $11,769 |
| Annual Per SF | $5.98 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $25,975 |
| Annual Per SF | $13.20 |
Property Facts
| Price | $217,163 CAD | Property Subtype | Residential Income |
| Price Per SF | $110.35 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.31 AC |
| Cap Rate | 12% | Building Size | 1,968 SF |
| Gross Rent Multiplier | 5.75 | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1962 |
| Zoning | Residential - Residential | ||
| Price | $217,163 CAD |
| Price Per SF | $110.35 CAD |
| Sale Type | Investment |
| Cap Rate | 12% |
| Gross Rent Multiplier | 5.75 |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 1,968 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | Residential - Residential |
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
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4731 Marino St - Income producing 2 unit property
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