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2820 School House Rd
Columbia, SC 29204
School House Quadplex · Multifamily Property For Sale
·
4 Units
Property Facts
| No. Units | 4 | Building Size | 3,600 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1970/2018 |
| Lot Size | 0.47 AC | Parking Ratio | 2.22/1,000 SF |
| Zoning | Multi Family | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.47 AC |
| Building Size | 3,600 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2018 |
| Parking Ratio | 2.22/1,000 SF |
| Zoning | Multi Family |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Washer/Dryer Hookup
- Heating
- Kitchen
- Hardwood Floors
- Carpet
- Yard
- Deck
- Family Room
- Lawn
- Pantry
- Porch
- Smoke Free
- Vinyl Flooring
About 2820 SCHOOL HOUSE RD , COLUMBIA, SC 29204
Cap rate @ 11%. All Brick Quadplex with all units recently renovated on just under 1/2 acre lot!! . Turn key income property for investors. New HVAC's, Water Heaters, Appliances, Fixtures, flooring and paint. Located near Forest Acres , Benedict College and Allen University. Great investment in a high demand area! Cap rate based on a 30% expense proforma. Each unit is 2 beds 1 bath and are mirror images of each other. Annual gross rents to be $33,000. 2018 taxes: $3000 / Insurance: $1479 / Water/Sewer/Trash: $1800 / Maintenance: $960. NOI = $25,761 *2019 estimated taxes to be $5000 after point of sale reassessment (November 2019) (10% cap)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $700.00 | 900 |
Property Taxes
| Parcel Number | 11514-15-01 | Improvements Assessment | $310,200 |
| Land Assessment | $24,800 | Total Assessment | $335,000 |
Property Taxes
Parcel Number
11514-15-01
Land Assessment
$24,800
Improvements Assessment
$310,200
Total Assessment
$335,000
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