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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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2322 Two Notch Rd , Columbia, SC 29204
$1,600,000
Est. Payment: $3,555.56/mo
0 Bed
0 Bath
8523 Sqft
Status: ACTIVE | Days on site: 51
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1957 - HENLINEJ
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House Description

Investment Opportunity – Renovated Efficiency Apartment CommunityNewly renovated efficiency apartments offering clean, modern interiors at an affordable price. This former hotel has been thoughtfully converted into an attractive studio apartment community featuring updated finishes throughout. Ideally located on Two Notch Road with convenient access to downtown Columbia, Fort Jackson, I-20, major employers, shopping, dining, and public transportation.Only 5 of 18 units are currently available, providing an opportunity to increase occupancy and maximize income. Please see agent remarks for showing instructions. Do not disturb tenants.This income-producing property is positioned to meet the strong and growing demand for affordable workforce housing, making it an excellent addition to any multifamily investment portfolio.Property Highlights18 renovated studio/efficiency apartment units13 units currently occupiedValue-add opportunity with lease-up potentialStrong demand for affordable housingConvenient location near downtown Columbia, Fort Jackson, I-20, shopping, dining, and bus routesPotential for stable cash flow and long-term appreciationIdeal for investors seeking workforce housing or multifamily assetsWhether you're expanding an existing portfolio or acquiring your first multifamily investment, this property offers an exceptional opportunity to generate consistent rental income while benefiting from continued demand in the Columbia market. Disclaimer: CMLS has not reviewed

Highlights

Listed by Julie Henline , Grand Palmetto Realty LLC , 803-602-2467.

Property Type

Commercial Lease

Year Built

1950

County

Richland

Area

City of Columbia, Denny terrace, Lake Elizabeth

Listing ID

639557

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Garage Capacity:20
Zoning:Commercial/Residential
Others:
  • Additional:Columbia, SC
Sewer:Public
Principal Interest
$3,556
Taxes
$1,020

Home Price

$1,600,000

Loan Details

30 yrs
%

Down Payment

20%
$320,000
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Monthly Price:
$3,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,555.56 $1,020.00 $0.00 $4,575.56
Yearly $42,666.67 $12,240.00 $0.00 $54,906.67
Total $1,280,000.00 $367,200.00 $0.00 $1,647,200.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Columbia, SC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.