4510 Colonial Dr, Columbia, SC 29203

$235,000
1,400
SqFt

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List Price
$235,000
MLS#
641100
Status
PENDING
Days on Market
28
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.