Price Reduction
Address
2212 E Boundary Road Columbia, SC
Price
$ 440,000
Property Attributes
  • MLS#436700
  • TypeMulti-Family
  • CountyRICHLAND
  • CityColumbia
  • AreaColumbia Northeast
  • NeighborhoodSandy Oak
  • Zip29223
  • Style
  • Price$ 440,000
  • Bedrooms11
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage15182
  • Lot Size4.99 Acres
Listing Provided Courtesy Of:
Cornerstone Rlty & Invest LLC
Property Description

Established mobile home park on 4.99 acres strategically located on the corner of East Boundary Road and Faraway Drive. Convenient to downtown, I-77, I-20, schools, Ft. Jackson, and Blue Cross Corporate headquarters. Gross rents of $8600 per month. Room for rents to be increased. Current CAP rate is 12%. Can easily increase this by billing tenants for water and repairing several units. Looking for quick sale at this price. No owner financing. 19 homes currently rented, 4 homes can be rehabbed, 1 home is burned out and would need to be rebuilt. There are 3 empty lots for additional homes. There is also a large storage shed on the property. 16 homes are on county sewer and 8 homes are on septic. Sold 'as is' at this price. Great opportunity. Good cash flow. No seller financing. Do not disturb tenants. Tenants are on a month to month lease.

Elementary School Middle School High School
Windsor Elementary School Wright Middle School Richland Northeast High School
Price History
11/22/2017 Listed $450,000
3/17/2018 5% - $430,000
4/5/2018 2% - $425,000

General Features

Listing Area Columbia Northeast
Trash Owner
Type Other

Interior Features

Cable Tenant
Cooling Wall Unit(s)
Electric Tenant
Gas Tenant
Heating Tenant
Security None
Stories 1
Total Units 24
Unit 1 # Of Full Baths 1
Unit 1 # Of Rooms 5
Unit 2 # Of Full Baths 1
Unit 2 # Of Rooms 5
Unit 3 # Of Full Baths 2
Unit 3 # Of Rooms 6
Unit 4 # Of Full Baths 2
Unit 4 # Of Rooms 6
Unit 5 # Of Full Baths 1
Unit 5 # Of Rooms 5
Unit 5 Bedrooms 2
Unit 5 Rent 400

Exterior Features

Unit 1 Bedrooms 2
Unit 1 Rent 450
Unit 2 Bedrooms 2
Unit 2 Rent 400
Unit 3 Bedrooms 2
Unit 3 Rent 450
Unit 4 Bedrooms 3
Unit 4 Rent 550
Exterior Finish Other, Vinyl
Foundation Crawl, Crawl Space
Lawn Owner
Lot Size 217364
Lot Size Area 4.99
Parking Unassigned
Parking Spaces 40
Pool None
Road Type Gravel, Paved
Sewer Owner
Water Owner

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 29223

Price
AVG $260K
$440K
Visits
AVG 22
47
Year Built
AVG 1977
1962

Looking for more comfortable experience?

Check out our mobile application and browse the properties as no other.