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$235,000
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.

4510 Colonial Dr, Columbia

Listing courtesy of Keller Williams Preferred.

$335,000
4 Beds 3 Baths
Nestled on a large corner lot is this beautiful storybook cottage all brick 3bed/2bath home that includes a detached carport (tall enough for an RV or Boat!) and features an income producing ADU with an additional 1bed/1bath with a loft that was fully renovated in 2022! This is a property where you can live in the main home and offset your mortgage by renting out the detached space, affectionately called the "Modern Bird's Nest" by the current owner. This unit has successfully operated as both a fully furnished short-term rental, and more recently as a mid-term/monthly rental. The stunning curb appeal of the mature landscaping invites you in to enjoy all the charming features of a true 1940s cottage. Inside the main home you will find many tasteful updates while still preserving the stunning charm this home offers. Vinyl windows, fresh paint throughout, beautiful hardwood floors, stunning fireplace and built-ins, picture moldings, telephone niche, looking glass front door peep hole, and vintage tile bathrooms and glass doorknobs. The kitchen was recently renovated with new cabinets, new sink, lighting, and butcher block counters. The master bedroom offers a large spacious walk-in closet with plenty of storage and private ensuite bathroom. It has a sunroom off the living room, a laundry/mudroom off the kitchen, and a private screened-in porch off one of the secondary bedrooms overlooking the peaceful fully fenced in backyard with double gate to the carport, perfect for play, relaxing, and entertaining. The detached ADU offers a kitchenette space, full bathroom, and an upstairs loft, as well as, a small private gravel patio off the back. This home is loaded with charm, lovely features, and has been well taken care of by its owners! It is conveniently located off the growing N. Main (NoMa) District in downtown Columbia. Come make this beautiful home yours today! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

1300 Kinderway Ave, Columbia

Listing courtesy of Paul Properties LLC.

$325,000
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.

4017 Ensor Ave, Columbia

Listing courtesy of Keller Williams Realty.

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