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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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4017 Ensor Ave , Columbia, SC 29023
$325,000
Est. Payment: $722.22/mo
0 Bed
3 Bath
1791 Sqft
Status: ACTIVE | Days on site: 91
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669 - LIVINGJT
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House Description

Excellent opportunity to acquire a fully occupied, income-producing multifamily property in Columbia. The property consists of a duplex plus a separate 2-bedroom, 1-bath apartment located above the detached garage, providing three rental units and immediate income from day one.The property currently generates $3,050 per month / $36,600 per year in actual rental income with established tenants in place. Units are separately metered, helping keep owner-paid expenses low.Annual property taxes are approximately $3,734 and current annual property insurance is approximately $860.At the current asking price of $325,000, the property offers an attractive 11.3 gross rental yield at approximately $108,000 per unit.Investment Highlights:• 3 income-producing rental units• Fully occupied with established tenants• $3,050 current monthly rental income• $36,600 current annual rental income• Separately metered units• Approximately $3,734 annual property taxes• Approximately $860 current annual insurance expense• Duplex + detached 2BR/1BA garage apartment• Approximately $108,000/unit at asking price• Immediate rental income with potential for future rent growthAn attractive opportunity for an investor seeking an established multifamily property with existing cash flow and relatively low fixed property expenses.Financial information and lease details available to qualified buyers. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Highlights

Listed by JT Livingston , Keller Williams Realty , 803-772-5858.

Property Type

Multi-Family

Lot/Acreage
0.21

Year Built

1950

County

Richland

Area

City of Columbia, Denny terrace, Lake Elizabeth

Neighborhood

None

School District

Richland One

Listing ID

636721

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:3
Air Cond:Central
Fireplaces:
Water:Tenant

Exterior Features

Garage Capacity:8
Sewer:Tenant
Principal Interest
$722
Taxes
$207

Home Price

$325,000

Loan Details

30 yrs
%

Down Payment

20%
$65,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$722.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $722.22 $207.19 $0.00 $929.41
Yearly $8,666.67 $2,486.25 $0.00 $11,152.92
Total $260,000.00 $74,587.50 $0.00 $334,587.50

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.