301 Old Brass Dr

Columbia, SC 29229
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3 bd, 2 ba | 1,352 sqft | Built in 1980

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List Price
$215,000

Initial Investment

$58,588

Purchase Price

$215,000

Down Payment

25%

Rent

$1,460

Total Return

$55,164

Annualized Return

13.1%

Cap Rate

4.0%

Gross Yield

8.1%

Cash Flow

-$3,857

Appreciation

6.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,456

HOA

None

Flood Risk

Not Required

Welcome to 301 Old Brass Drive, a renovated one-level Ranch style home in Chimney Ridge subdivision, Northeast Columbia. The spacious living room features hardwood floors, a unique recessed fish tank, dual bookcase, and a cozy wood-burning fireplace. The kitchen is a galley-style, eat-in space with tile floors, modern gray cabinets, countertops, Night Glow LED lights, and white appliances. The hall bathroom has a updated cabinet , countertop and tile floor. There are three bedrooms and two full bathrooms. The first two bedrooms have new carpet and ceiling fans . The primary bedroom has hardwood floors and a remote-controlled ceiling fan, leading to a bath with an oversized tub and waterfall shower. The property sits on a flat lot with a wood deck and fenced yard. The detached two-car garage could be redesigned for a flex space, home office, or Man/She Cave. Upgrades include new interior paint, faucets, lights, toilets, a 50-gallon hot water heater, and updated electrical and A/C ductwork. Located minutes from the popular Village at Sandhills shopping, Richland 2 schools, Fort Jackson and major interstates I-20 or I-77, this one-level Ranch style home blends comfort with convenience. A perfect choice for modern, practical living. Property is being sold AS-IS. The only repair requests that will be entertained will be those that are a condition of financing.

See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566

Annual Financial Highlights

Expected Rent

$16,644

Expenses

-$2,963

Property Taxes

-$5,850

Loan Payments

-$11,689

Net Cash Flow

-$3,857

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Anthony Howard
Stan Smith Realty LLC
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #582906
Last Updated: 04/12/2024 05:04
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