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$ 325,000
Est. payment /mo
Active
4017 Ensor Avenue Columbia, SC 29023
5 Beds
3 Baths
1,791 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,791 sqft
Price per Sqft $181
MLS Listing ID 636721
Bedrooms 5
Full Baths 3
Construction Status Resale
Year Built 1950
Lot Size 9,147 Sqft
Property Sub-Type Triplex
Property 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.
Location
State SC
County Richland
Area City Of Columbia, Denny Terrace, Lake Elizabeth
Interior
Heating Central
Cooling Central
Exterior
Parking Features Other
Garage Spaces 8.0
Pool None
Street Surface Paved
Building
Story 1.5
Foundation Crawl
Sewer Public
Water Public
Structure Type Asbestos
Construction Status Resale
Schools
Elementary Schools Hyatt Park
Middle Schools Gibbes
High Schools Eau Claire
School District Richland One
Listed by Keller Williams Realty
J King Real Estate
Broker/Owner | License ID: 85129