Pending

402 S Saluda Avenue

Columbia SC, 29205

$1,600,000


$325.20 per sqft

Pending

12 Beds

12 Baths

4,920 sqft

Multi-family

Built in 2024

Brand new construction just completed two months ago. 100% leased for the next 21 months with gross revenue of $239,000 on the books. This property consists of four townhome style apartments each with 3 bedrooms and each bedroom has its own private bath. A total of 12 bedrooms and 12 full baths. All 4 townhome apartments are currently 100% leased until 7-31-25 for $10,400/mth "And" already leased from 8-1-2025 to 7-24-2026 for $12,135/mth or $145,630 per year. Each townhome is separately metered for all utilities which the tenants pay!! These townhomes have been custom built and designed by The Wilson Company and professionally decorated. The high end finishes are extraordinary for any rental property with hardy plank exterior, stained concrete floors, granite countertops, Samsung appliance package (including washer/dryers), tankless hot water heaters, 40 yr architectural shingles, split heat pump zoned systems, drip irrigation system for landscaping, Silverline energy efficient windows, large walk-in closets and much, much more! Located in a very popular area only approx 1.5 mi from USC campus, Williams Brice Stadium, 5 Points with plenty of shops and restaurants. Enjoy a break from 75 year old properties with the never ending maintenance calls and invest in a brand new quality built student rental property. Call Bill Graham 803-331-4586. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

595909

MLS ID

October 28, 2024

Listed

December 18, 2024

Updated

Map

402 S Saluda Avenue
Columbia SC, 29205

Interior Features

Total Stories

2


Bedrooms

12


Total Bathrooms

12


Full Bathrooms

12


Fireplace

Yes


Cooling

Yes


Cooling Description

Heat Pump 1st Lvl, Zoned


Heating

Yes


Heating Description

Heat Pump 1st Lvl, Zoned

Exterior/Building Features

Lot Size

0.26 Acres


Exterior Features

Fiber Cement-Hardy Plank


Sewer

Public

School Information

High School

Dreher


Elementary School

Moore

Other Property Details

Area Name

Columbia - South


Garage

No


Parking

Off Street, Other


Parking Total

8


View

No


County

Richland


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/26/2024

Pending

 

Courtesy of Coldwell Banker Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Constance Peacon shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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