Investment Opportunity: , Unit 105, Columbia, FL - $7,512 Profit

1929 Bluff Rd, Columbia, SC, 29201

1929 Bluff Rd - #105

$205,000

Description

Parents and investors, if you are looking for a perfect place for your college kids or to invest, look no further! This 3BR/3BA unit in the Retreat of Columbia has it all: 16 years of successful leasing track record without a single vacancy, an exclusive gated community with security cameras and on-site management, close to USC, resort-style living experience with ample amenities- clubhouse with coffee, fitness center, computer lab and pool table, swimming pools, beach volleyball, mini golf, basketball court, shuttle bus, etc. This 3BR/3BA unit has a well-thought-through floor plan- a dedicated bathroom for each bedroom, well equipped kitchen, in-home washer and dryer, and a relaxing back patio open to a large green common space. This unit has been well maintained by the current owner, and the air handler was replaced in 2021 and an air scrubber was installed to improve indoor air quality. Current lease to USC students $1950/mon till the end of July (No property management fee). The ongoing rate for 3BR unit in Retreat for 2024/2025 school year is $750/per room, so total of $2250 monthly income.

Property Information
Monthly Rent
$1,717
Monthly HOA
$0
rental Policy
STR Restrictions
Yearly Taxes
$0
Bedrooms
3
Bathrooms
3
SQFT
1,361
Furnished
unknown
Year built
False
MLS
578490

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Long-Term Rental Information
Revenue
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$13,092

Expenses
Profit
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Cap rate
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Cash on Cash
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$1,717/mo

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