1440 Columbine St

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Investment Overview

Investment Type: Multifamily
Building Size: 2,221 SF
Address: 1440 Columbine St
Units: 3
Price: $879,000
Price/Unit: $293,000
Price/SF: $396
Year Built: 1894
Parking: 4 Off-Street

Property Features

This is a turn-key property in the heart of Congress Park. All three units were renovated less than two years ago. The roof was replaced in 2018 and the furnace was just installed in 2019. Vinyl windows have been installed throughout the property, a two tiered front deck installed and all exterior painting has been completed in the last two years. The unfinished basement could be used to increase annual income by adding a washer/dryer, offering storage for tenants, or potentially building out an additional rental unit. This is a low maintenance property that will pass the test of even the most discerning buyer.