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$224900 2 NICE DUPLEXES - 9/4 - ROSEWOOD area in Columbia

Listing ID 22188579 | Updated 61 days ago

$224,900
Willing to negotiate


Columbia, SC 29154

9 beds, 4 baths
Duplex/Triplex

Listing is inactive

About this Property

Bedrooms:9 Bathrooms:4 Floors:2.0 Square Footage:2750
Year Built:1950 School District:N/A Garage Size:0.0 Lot Size:1 Acre(s)
Amenities:Central AC, Wood Floors, Appliances Included, Central Heating, Deck/Porch, Tile Floors

Two brick duplexes (total of 4 units = 9bdr/4ba) on a large quiet lot in Rosewood Subdivision of southeast Columbia! Only a couple of minutes to Midland’s Technical College and the USC School of Medicine. Only 5 minutes from the USC main campus. Excellent rental history (95% plus occupancy) at $2,145 per month! Proximity to campuses, safe area, hardwood floors, large porches and peaceful surroundings with plenty of off-road parking make these wonderful rental units! These are located in a very upward moving area. Many apartments in the immediate area are presently transitioning to high end condos. Sought after Shandon neighborhood just mile away. ONLY $224,900 FOR BOTH DUPLEXES!!!!!!!!!!!!!!! These units are priced for a quick sale... buy them now before I have to list them with a real estate agent and raise the price. These units are in a great area, not a "fringe" area. Go see for yourself and call me. Shown by appointment to an approved buyer only. Contact Mike at 803-518-5781 for further details. NO RENT TO OWN OR OWNER FINANCING!

The rent rolls are as follows:

Unit A – 1Bdrm/1Bath has rented for $395 month to the same tenant for the past 2.5 years
Unit B – 3Bdrm/1Bath has rented to the same tenant for $650 per month for the past 3 years. This unit has a bonus room and a large living/dining room.
Unit C – 2Bdrm/1Bath currently leased for $550 per month.
Unit D -2Bdrm/1Bath currently leased for $550 per month.

This is a total of $2,145 per month rent.

Could be purchased with my other investment property next door at 529 Deerwood Street (= 3/1 nice brick home on 3 lots approved for 8 units) for $175,000! In this case you would have a one acre total (4 lots) with 5 rented units zoned for a total of 12 families for $399,900 purchase price.

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