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$ 1,095,000
Est. payment | /mo
11 Beds
5 Baths
7,776 SqFt
$ 1,095,000
Est. payment | /mo
11 Beds
5 Baths
7,776 SqFt
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 7,776 sqft
Price per Sqft $140
Subdivision Washington Heights
MLS Listing ID 600226
Bedrooms 11
Full Baths 5
Construction Status Resale
Year Built 1988
Lot Size 0.300 Acres
Property Sub-Type Apartment
Property Description
This maintained 8-unit multifamily property offers a turnkey investment opportunity in a prime location. Situated just 2 miles from Columbia's vibrant city center and 3 miles from the bustling Trenholm Plaza in the sought-after Forest Acres area, this property provides convenient access to premier shopping, dining, and entertainment.The building features four spacious 3-bedroom, 1-bath units leased at $1,100 per month and four 2-bedroom, 1-bath units leased at $950 per month, generating a stable monthly income of $8,200. The property has been thoughtfully updated to ensure low maintenance and long-term tenant satisfaction. Recent improvements include a two-year-old roof, modern LVP flooring throughout, updated windows, and freshly painted interiors. The parking lot is in excellent condition, providing convenience for tenants.With its strong rental history, strategic location, and minimal upkeep requirements, this property is an ideal opportunity for investors attempting to enter the multifamily world or those seeking a 1031 exchange. Don't miss the chance to acquire this fully leased multifamily asset in Columbia, SC. Schedule your private showing today! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Location
State SC
County Richland
Area City Of Columbia, Denny Terrace, Lake Elizabeth
Interior
Heating Central
Cooling Central
Exterior
Parking Features Unassigned
Garage Spaces 14.0
Pool None
Street Surface Paved
Building
Story 2
Foundation Slab
Sewer Public
Water Public
Structure Type Brick-All Sides-AbvFound
Construction Status Resale
Schools
Elementary Schools Watkins
Middle Schools Perry
High Schools Johnson
School District Richland One
Listed by Better Homes and Gardens Real Est Medley