1401 Elmtree Road, Columbia, SC 29209

$2,200,000
10
BA
List Price
$2,200,000
MLS#
571207
Status
ACTIVE
Days on Market
63
Type
Multifamily
Year Built
1987
City
Columbia
Area
Columbia - Southeast
County
Richland
Neighborhood
No Neighborhood
Bathrooms
10

Property Description

Attention investors! This is an this is an apartment complex on just under a half acre lot with ample parking. The location is close to the Veterans Hospital, I-77, and Fort Jackson. There are 2 buildings with 16 total rentals. Each building has 8 apartments – 4 on the first floor and 4 on the second floor. There are a combination of 3 br/2 ba and 2 br/2 ba units. They are under new management that will be working to increase the rental income to current market rates. Many of the units have been recently updated. At this time, we do not have complete rental history due the new ownership and new management, but the listing agent believes that the updated 2 BR units should be in the 850-950/mo range and the 3 BR units should rent for approximately 1200-1300/mo range.

Additional Information

Parking Spaces
16
Total Units
16
Stories
2
School District
Richland One
Elementary School
Annie Burnside
Middle School
Crayton
High School
Lower Richland
Total Heated Square Feet
16200

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty.