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Downtown COLUMBIA RENTAL DEAL (Olympia)

Downtown COLUMBIA RENTAL DEAL (Olympia)



  Downtown COLUMBIA RENTAL DEAL Olympia
 

 
Ad id: 109177408024023
Views: 3
Date listed 1 month ago
Price
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Address: 213 Carolina Street Columbia, SC 29201
Selling Price: $70,900

It's a single family home, 2 bed 1 bathroom 1,190sf and built in 1960. Had a new HVAC unit put in about 60 days ago. Really good shape on inside and outside. Just needs new carpet in living room downstairs and by stairs, has hardwoods upstairs. Might need a little updating in bathroom. Tenant already in place.

Is currently rented on a month to month lease for $650 but the house across the street rents for around $850.


COMP 1: 350 Virginia St 29201
2bed & 1 bath 1,212sf sold on 6/10/17 for $88,000 @ $72.61sf

COMP 2: 465 Virginia St 29201
2bed & 1 bath 1,231sf sold on 11/28/16 for $84,000 @$68.24sf

For numbers:
ARV $84,000-$88,000
Estimate repairs:$1,000-$2,000
Purchase price: $70,900

Holding costs:
Taxes 2016: $1,841.06yr
Insurance: estimate $400-$600yr
Rental rates:$800-$900

Call me on my cell phone!

 
 
 
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Last Updated on: October 18, 2017
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