3700 Bush River Road J8 #J8 Active

Columbia,SC 29210

$ 115000

2 Beds

2 Baths

950 SqFt


Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 950 sqft

Price per Sqft $121

Subdivision Cloisters Of Whitehall

MLS Listing ID 610882

Style Traditional

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Fees $225/mo

Year Built 1978

Property Sub-Type Townhouse

Property Description

Investor Alert: Add a high-performing, fully furnished mid-term rental to your portfolio with minimal effort and immediate returns. This 2-bedroom condo is a hands-off, income-generating gem. Highlights: Fully Operational Since March 2025 with Mid-Term Guests in place through January 2026Turnkey Sale – Includes all furniture, décor, linens, appliances, plus washer and dryer; unit also has a new HVAC & new water heater. Minimal Management thanks to extended stays from insurance placements and corporate guests; Mid-Term Rental Friendly – HOA requires 30-day minimum stays. Gross income from March–July: $7,751; Annualized income projection: $23,254; Cap Rate (Cash Purchase): 14.48 Note: This unit was previously appraised for less due to comps from downtown units with inferior finishes, environment, and income potential. Cash buyers are preferred due to this appraisal mismatch. This is a true plug-and-play investment in a stable, high-demand rental niche with great returns and low turnover. An additional unit in the same complex has been fully operational since January and demonstrates the same great returns. It is also available for purchase. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Location

State SC

County Lexington

Area Irmo/St Andrews/Ballentine

Rooms

Dining Room Area

Kitchen Counter Tops-Granite,Floors-Luxury Vinyl Plank

Interior

Heating Heat Pump 1st Lvl,Heat Pump 2nd Lvl

Cooling Heat Pump 1st Lvl,Heat Pump 2nd Lvl

Equipment Dishwasher,Dryer,Refrigerator,Washer,Microwave Above Stove

Laundry Closet,Heated Space

Exterior

Exterior Feature Patio

Parking Features None

Fence Rear Only Wood

Building

Story 2

Foundation Slab

Sewer Public

Water Public

Structure Type Brick-All Sides-AbvFound

Schools

Elementary Schools Seven Oaks

Middle Schools Crossroads

High Schools Irmo

School District Lexington/Richland Five

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