💸🤑💰Forest Dr, Columbia, SC Investment Opportunity💸🤑💰

Richland County, Columbia, SC, 29204
Sold
Listed at: August 18th, 2022
Price
$77,500
ARV
$110,000
Gross Margin
$32,500
Sq. Footage
1000
Type
Attached
Parking
Off street
Year build
1966
Lot size
1.00 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Rare quality tenant (2 years) in the condo at $875 a month (below market)

tenant pays 2 months of rent at a time (A+ tenant)

Could easily do cash for keys or raise rents

Market rents at $1,100/mo, property is rent ready no repairs needed, could replace carpet and update kitchen, but comps don't show it's necessary.

There is nothing at this price point on the market 

HOA is $231 a month but that includes water, all HVAC repair/maintenance plus the common pool, 


SOLD COMP: 

2/1 1,000 sqft sold for $119,500 https://www.realtor.com/realestateandhomes-detail/3904-Hanson-Ave-Apt-D_Columbia_SC_29204_M59646-78421


 RENTAL COMP:

2/1 1,000 sqft listed for $1,200/mo https://www.zillow.com/homedetails/4401-Trenholm-Rd-4321-Columbia-SC-29206/2061905741_zpid/

 

Asking price: $77,500

ARV: $110,000


If interested call David at 512-399-5129 (Landline)


Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

David Comstock

★★★★★
★★★★★
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Disposition manager