Rental property in Columbia, SC less than 1 mile from I-20, 8 miles to University of South Carolina and 7 miles to Village of Sandhills.
Each unit is a 2bedroom 2 bath
Leases in place for 3 of the 4 units:
Unit 1 – $700
Unit 2 – $650
Unit 3 – $750
Unit 4 – currently vacant as updates are being done to be rent ready for June 1st. Will rent for $750. This unit will be updated with waterproof LVP and paint and will be rent ready prior to closing.
Can increase rent to at least $750 once lease ends. Or can set up as an Airbnb and profit more.
Expenses:
• $4700 property taxes per year
• $1200 insurance per year
Excellent Property Management already in place with Southern Dreams Realty.
Closing on 5/31/19
$2500 Earnest money due to McAngus Goudelock & Courie within 48 hours of ratified contract.
Pictures of each unit and full inspection report can be provided by end of week – upon request.