14
See all 13 photos
$8,200,000
Est. payment /mo
64 Beds
38 Baths
25,600 SqFt
New
0 PICADILLY Street Columbia, SC 29201
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Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 25,600 sqft
Price per Sqft $320
Subdivision Usc
MLS Listing ID 636001
Bedrooms 64
Full Baths 38
Construction Status Resale
Year Built 1930
Property Sub-Type Other
Property Description
Specs: 19 Doors | 64 Beds | 38 Baths | 7 Duplexes | 5 SFD. Portfolio spread out in approx 1 mile radius surrounding University of South Carolina. Financial Snapshot: Yearly Gross Rents: $717,600 | Gross Insurance: $23,819 | 2025 Taxes: $42,401 | 6 properties have a 20 year tax abatement (Bailey Bill) | 9 Cap Rate. Why Invest? Stable Income: Generate $59,800 in monthly gross rents. Leases in place until July 2027. Strategic Location: Close to University of SC, ensuring a steady pool of student tenants. High Demand: Benefit from the consistent demand for student housing over 40,000 student base. Value Appreciation: Potential for property value growth every year. Mix of newer construction and stud rehabs from 2019-2023 Consistent rent increases year over year. Will not subdivide portfolio. No showings until after contract. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Location
State SC
County Richland
Area Columbia - South
Interior
Heating Central, Other
Cooling Central, Other
Exterior
Parking Features Off Street
Garage Spaces 64.0
Pool None
Street Surface Paved
Building
Story 2
Foundation Crawl Space
Sewer Public
Water Public
Structure Type Asbestos,Fiber Cement-Hardy Plank,Vinyl,Wood
Construction Status Resale
Schools
Elementary Schools A.C. Moore
Middle Schools Hand
High Schools Dreher
School District Richland One
Others
Virtual Tour https://my.matterport.com/show/?m=27uQnhsZCSb
Listed by Keller Williams Palmetto
NEARBY SCHOOL & BUSINESS
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