4510 Colonial Dr, Columbia, SC 29203

$235,000
1,400
SqFt

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List Price
$235,000
MLS#
641100
Status
ACTIVE
Days on Market
1
Type
Multifamily
Year Built
1940
City
Columbia
Area
City of Columbia, Denny terrace, Lake Elizabeth
County
Richland
Neighborhood
College View
Living Area
1,400

Property Description

Investors, house hackers, and income-focused buyers—this opportunity is worth a look! 4510 Colonial Dr. is a well-maintained, income-producing duplex with a proven history of consistent rental occupancy and previous use as a short-term rental generating an excellent cap rate.Both units are fully furnished, and new appliances convey with the property, creating a turnkey investment with minimal upfront setup. Recent improvements include covered porches, updated plumbing, and additional storage, adding functionality and appeal for both long- and short-term tenants.The upper unit is currently occupied with a year-long lease, providing immediate rental income, while the lower unit is currently vacant, with a new short-term renter moving in soon to provide even more income or use the unit for personal living after the renter moves out.With two income-producing units, furnishings included, new appliances, valuable updates, and a demonstrated rental track record, this property offers multiple ways to build cash flow and maximize your investment strategy.Whether you're expanding your portfolio, looking for a turnkey rental, exploring short-term rental potential, or seeking an owner-occupant opportunity, 4510 Colonial Dr. offers the flexibility and income potential today's investors are looking for. Schedule your showing and see the possibilities for yourself! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Additional Information

Parking Spaces
4
Stories
2
School District
Richland One
Elementary School
Hyatt Park
Middle School
Gibbes
High School
Eau Claire

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Preferred.