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4017 Ensor Avenue

Columbia SC 29203

5
3
8
1791 sq. ft.
0.21 ac.
Duplex
Currently for sale - view listing

Overview

Excellent opportunity to acquire a fully occupied, income-producing multifamily property in Columbia. The property consists of a duplex plus a separate 2-bedroom, 1-bath apartment located above the detached garage, providing three rental units and immediate income from day one.The property currently generates $3,050 per month / $36,600 per year in actual rental income with established tenants in place. Units are separately metered, helping keep owner-paid expenses low.Annual property taxes are approximately $3,734 and current annual property insurance is approximately $860.At the current asking price of $325,000, the property offers an attractive 11.3 gross rental yield at approximately $108,000 per unit.Investment Highlights:• 3 income-producing rental units• Fully occupied with established tenants• $3,050 current monthly rental income• $36,600 current annual rental income• Separately metered units• Approximately $3,734 annual property taxes• Approximately $860 current annual insurance expense• Duplex + detached 2BR/1BA garage apartment• Approximately $108,000/unit at asking price• Immediate rental income with potential for future rent growthAn attractive opportunity for an investor seeking an established multifamily property with existing cash flow and relatively low fixed property expenses.Financial information and lease details available to qualified buyers. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Features

5 bedrooms
3 bathrooms
8 carspaces
1791 sq. ft. floor area
0.21 ac. lot size
Duplex

Property history for 4017 Ensor Avenue

2021
Sold
$155,000
11 Feb 2021 by Olivia Cooley, of Keller Williams Cooley Group

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Local market activity for 5 bedroom duplexes in Columbia

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