4017 Ensor Avenue

Property details

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.

Home facts

MLS #

636721

Property type

Triplex

Year built

1950

Lot size

0.21 acres

County

Richland

Status

Active

Heating

Tenant

Cooling

Central

Foundation

Crawl

Exterior

Asbestos

Sewer

Tenant

Water

Tenant

Schools

School zoning comes from the MLS and districts redraw their lines. Confirm with the district before you rely on it.

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