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2900-2916 School House Road

Columbia, SC 29204
  • $480,000
  • STATUS: Pending
  • ON SITE: 74 Days
  • MLS #: 575604
Pending
UPDATED: 53 min ago
$480,000
  • 0
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 5,154
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing courtesy of Coldwell Banker Realty.

Description

It is recommended any potential buyer who has not been in the property to view the property prior to submitting an offer. 8 fully leased apartments with current rents of $5,490 per month/$65,880 per year. Each unit is 2 bedrooms and 1 bath with a total of 16 bedrooms and 8 full baths. Excellent long term opportunity to grow rents to a higher level with improvements. Currently the average rent is only $343/bedroom on a per bedroom basis so there is room for rent improvement. Could be a good property for section 8 program. Some renovations have just been completed in the last year including all new windows, doors in each apartment, exterior painting, and some of the units have new LVP flooring and more, 5 of the units could still use new paint, flooring, bath and kitchen improvements. Projected rents of at least $795 per apartment upon completion of improvements is expected. Located across from Pinehurst Park this is an excellent price for two quadraplexes being sold together at this price. Properties will not be separated. Call Bill Graham 803-331-4586 for more information. Rent roll and other info available. Includes two TMS#'S:Richland County 11514-14-01 & 11514-14-02.

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© 2024 Consolidated Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gaymon Realty Group. Data last updated: 2024-02-26T16:40:49.693.
www.gaymonrealtygroup.com/homes/146037876
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2900-2916 School House Road Columbia, SC 29204

  • Price: $480,000
  • Status: Pending
  • On Site: 74 Days
  • Updated: 53 min ago
  • MLS #: 575604
0
Beds
5
Baths
0
½ Baths
N/A
Acres
5,154
SQFT
$0
$/SQFT
1950
Built
Neighborhood:
None
County:
Richland
Area:
Forest Acres, Arcadia Lakes
Elementary School:
Bradley
Middle School:
Perry
High School:
Johnson
School District:
Richland One
Property Description
It is recommended any potential buyer who has not been in the property to view the property prior to submitting an offer. 8 fully leased apartments with current rents of $5,490 per month/$65,880 per year. Each unit is 2 bedrooms and 1 bath with a total of 16 bedrooms and 8 full baths. Excellent long term opportunity to grow rents to a higher level with improvements. Currently the average rent is only $343/bedroom on a per bedroom basis so there is room for rent improvement. Could be a good property for section 8 program. Some renovations have just been completed in the last year including all new windows, doors in each apartment, exterior painting, and some of the units have new LVP flooring and more, 5 of the units could still use new paint, flooring, bath and kitchen improvements. Projected rents of at least $795 per apartment upon completion of improvements is expected. Located across from Pinehurst Park this is an excellent price for two quadraplexes being sold together at this price. Properties will not be separated. Call Bill Graham 803-331-4586 for more information. Rent roll and other info available. Includes two TMS#'S:Richland County 11514-14-01 & 11514-14-02.
Exterior Features

Parking Off Street Road Type Paved

Interior Features

Cooling Other Foundation Slab Heating ElectricOther Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Rooms 4 Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Rooms 4 Unit3 Bedrooms 2 Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Rooms 4 Unit4 Bedrooms 2 Unit4 Full Baths 1 Unit4 Half Baths 0 Unit4 Rooms 4 Unit5 Bedrooms 2 Unit5 Full Baths 1 Unit5 Rooms 4

Property Features

Cable Paid By Tenant Electric Paid By Tenant Foreclosed Property No Gas Paid By Tenant Heating Paid By Tenant Lawn Paid By Owner Multifamily Type Apartment Sewer Public Sewer Paid By Owner Short Sale No Trash Paid By Owner Unit1 Rent 650 Unit2 Rent 700 Unit3 Rent 695 Unit4 Rent 700 Unit5 Rent 700 Water Public Water Paid By Owner

Listing information © 2024 Consolidated Multiple Listing Service, Inc.
Listing provided courtesy of Coldwell Banker Realty: .



© 2024 Consolidated Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gaymon Realty Group. Data last updated: 2024-02-26T16:40:49.693.
 
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Gaymon Realty Group
201 N. Main St.
Sumter SC, 29150
Listing courtesy of Coldwell Banker Realty.