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$3,999,999   Price Analysis
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504 Edisto Ave
Columbia, SC 29205
10 bed 5 bath 13,000 SqFt ($307/SqFt)
0.58 acre lot. Built 1935
Listed 2024-05-30
Ⓧ USDA Ineligible
due to price & location

near Columbia

AMAZING OPPORTUNITY FOR FABULOUS UPDATED INVESTMENT PROPERTY NEAR USC AND FIVE POINTS.

4 QUADRAPLEXES THAT TOTAL 16 UNITS WITH EACH UNIT INCLUDING 2 BR, 1 BA, GREAT ROOM AND KITCHEN. TOTAL OF 32 BEDS. EACH UNIT INCLUDES A WASHER AND DRYER. 100% PRE-LEASED WITH THE MAJORITY OF LEASES STARTING AUGUST 1, 2024.

PRO-FORMA AVAILABLE UPON REQUEST. PROJECTED LEASE AMOUNTS FOR 2025-2026 SCHOOL YEAR WILL BE $2000/UNIT OR $32, 000 PER MONTH. PROPERTY INCLUDES 504 and 508 EDISTO AVE AND 1901 and 1907 WHEAT STREET.


Presented by Meade Coleman at
Capstone Realty Group LLC.
Listing Agent Photo

Property MLS #586145 from ColumbiaSC

Bedrooms: 10

Total Bathrooms: 5
Full Bathrooms: 5

Cooling Features: Central
Heating Features: Central

Lot Size Acres: 0.58
Lot Size Square Feet: 25265

Roads: Paved

Parking Features: Off Street
Parking Total: 22

Elementary School: Moore
High School: Dreher
Middle School: Hand
School District: Richland One

Hand Middle School is a public middle school located approximately 0.7 miles away.
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A. C. Moore Elementary School is a public elementary school located approximately 0.8 miles away.
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Dreher High School is a public high school located approximately 1.4 miles away.
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The Keystone School is a private middle and high school located approximately 0.8 miles away.
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K12 International Academy is a private elementary, middle and high school located approximately 0.8 miles away.
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Number of Units: 16
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Full Bathrooms in Unit-5: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 4
Total Rooms in Unit-4: 4
Total Rooms in Unit-5: 4
Unit 1 Total Actual Rent: 1700
Unit 2 Total Actual Rent: 1700
Unit 3 Total Actual Rent: 1700
Unit 4 Total Actual Rent: 1700
Unit 5 Total Actual Rent: 1700

Source Listing Status: ACTIVE
County: Richland
Directions: FROM FIVE POINTS GO UP SALUDA AVENUE ONE BLOCK AND VEAR LEFT ONTO EDISTO AVENUE OR TAKE HARDEN UP FROM FIVE POINTS AND TURN RIGHT ON WHEAT.
Source Property Type: MULTI-FAMILY
Area: Columbia - South
Source Neighborhood: WALES GARDEN
Subdivision: WALES GARDEN
Property Subtype: Apartment
Source System Name: C2C

Listed 2024-05-30
$3,999,999
ColumbiaSC

Total Square Feet Living: 13000
Year Built: 1935
Building Exterior Type: Brick-All Sides-AbvFound
Foundation Details: Slab
Property Age: 89
Levels or Stories: 2

Sewer: Public
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.