2820 School House Road

Estimated Monthly Payment: $1,094/mo 2820 School House Road, Columbia, SC 29204 MLS# 447575 Multi Listing Status: ACTIVE
4
68
5
0
0

REMARKS:

Cap rate @ 11%. All Brick Quadplex with all units recently renovated on just under 1/2 acre lot!! . Turn key income property for investors. New HVAC's, Water Heaters, Appliances, Fixtures, flooring and paint. Located near Forest Acres , Benedict College and Allen University. Great investment in a high demand area! Cap rate based on a 30% expense proforma. Each unit is 2 beds 1 bath and are mirror images of each other. Annual gross rents to be $33,000. 2018 taxes: $3000 / Insurance: $1479 / Water/Sewer/Trash: $1800 / Maintenance: $960. NOI = $25,761 *2019 estimated taxes to be $5000 after point of sale reassessment (November 2019) (10% cap)

OVERVIEW:

Multi
ACTIVE
Forest Acres, Arcadia Lakes
2
31 - 50 years
0.47
Brick-All Sides-AbvFound
Off Street, Unassigned
Owner
Central, Heat Pump 1st Lvl, Heat Pump 2nd Lvl
Owner
Owner

ROOM INFO:

4

SCHOOLS:

Richland One
Bradley
Alcorn
Johnson

FINANCIAL:

$239,900

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Century 21 Vanguard

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Realty Columbia shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

©2018 South Carolina - CML Consolidated Multiple Listings. All rights reserved.