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Heyward Street 1617 Heyward St

2 Unit Apartment Building $684,900 ($342,450/Unit) Columbia, SC 29205

Executive Summary

Welcome to a sought after duplex located at 1617/1619 Heyward St! Fantastic investment opportunity just steps away from USC campus, offering enticing value-add prospects. This duplex features 3 bedrooms and 1 full bath on each side, presenting an ideal setup for investor buyers. Inquire about the seller's upgrade sheet detailing recent renovations. Currently, the property is rented to USC students at $900 per bedroom, totaling $5400 in monthly rent. Leases in place until August 2026. What sets this investment apart is the rare inclusion of an onsite parking lot, providing the potential for additional rental income. Consider leasing parking spots to off-campus living students who seek convenient parking within walking distance to class. Situated in the highly sought-after downtown university neighborhood, this property allows easy access to campus and Five Points. Surrounded by some of Columbia's finest homes, it presents a unique investment opportunity.

Attachments

1619 Heyward Lease
1617 Heyward Lease
P&L 2023 & Capex spend 1617-1619 (3)

Property Facts

Price $684,900
Price Per Unit $342,450
Sale Type Investment
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.26 AC
Building Size 2,856 SF
No. Stories 2
Year Built 1930
Parking Ratio 1.4/1,000 SF

Unit Amenities

  • Hardwood Floors
  • Oven
  • Range
  • Tub/Shower
  • Large Bedrooms

zoning

Zoning Code RM-1 (Residential Multi-family)
RM-1 (Residential Multi-family)
  • Listing ID: 31221079

  • Date on Market: 3/14/2024

  • Last Updated:

  • Address: 1617 Heyward St, Columbia, SC 29205

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