2909 Park St

Columbia, SC 29201
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2 bd, 2 ba | 2,025 sqft | Built in 1940

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List Price
$230,000

Initial Investment

$62,675

Purchase Price

$230,000

Down Payment

25%

Rent

$1,590

Total Return

$98,995

Annualized Return

19.7%

Cap Rate

4.3%

Gross Yield

8.3%

Cash Flow

-$3,404

Appreciation

8.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,100

HOA

None

Flood Risk

Not Required

Welcome to this historic bungalow home nestled in the Earlewood Subdivision in the heart of Downtown Columbia. Home situated on a large double lot. Home needs some TLC. Living room has original hardwood floors, plantation shutters and a wood burning fireplace. Across from the living room is the formal dining room with hardwood floors and plantation shutters. The main floor has 2 bedrooms that share a bathroom. Both bedrooms have original hardwood floors. The lower level has an eat in kitchen and a bathroom. Laundry is located in the basement. New roof 2021, HVAC 2020, mini split 2024, tankless hot water heater 2023. Huge fenced in backyard, 2 sheds with electric and a self containing pond. Minutes from Downtown Columbia and USC. Nearby amenities, Columbia Museum of Art, Riverbanks Zoo, William Brice Stadium, Colonial Life Arena and plenty of restaurants! Go to my Google page for the Video. Make this your NextHome!

See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566

Annual Financial Highlights

Expected Rent

$18,126

Expenses

-$3,226

Property Taxes

-$5,800

Loan Payments

-$12,504

Net Cash Flow

-$3,404

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Doreen Miller
NextHome Specialists
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #597498
Last Updated: 11/23/2024 13:11
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