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$1,095,000

Beds
11
Baths
5.0
sq ft
7,776

1716 Ogden St, Columbia, SC 29204

1716 Ogden St

Columbia, SC 29204

  • 6 days on market
This maintained 8-unit multifamily property offers a turnkey investment opportunity in a prime location. Situated just 2 miles from Columbia's vibrant city center and 3 miles from the bustling Trenholm Plaza in the sought-after Forest Acres area, this property provides convenient access to premier shopping, dining, and entertainment.The building features four spacious 3-bedroom, 1-bath units leased at $1,100 per month and four 2-bedroom, 1-bath units leased at $950 per month, generating a stable monthly income of $8,200. The property has been thoughtfully updated to ensure low maintenance and long-term tenant satisfaction. Recent improvements include a two-year-old roof, modern LVP flooring throughout, updated windows, and freshly painted interiors. The parking lot is in excellent condition, providing convenience for tenants.With its strong rental history, strategic location, and minimal upkeep requirements, this property is an ideal opportunity for investors attempting to enter the multifamily world or those seeking a 1031 exchange. Don’t miss the chance to acquire this fully leased multifamily asset in Columbia, SC. Schedule your private showing today! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Details

Property type

Lot size

0.30 acres

Price per sq ft

$141

Year built

1988

Price History

01/16/2025
ColumbiaSC

ColumbiaSC #600226

Listed
$1,095,000
+28.98%
11/03/2023
ColumbiaSC

ColumbiaSC #566264

Sold
$849,000

Schools & Community

Elementary school: 

Watkins

Middle school: 

Perry

High school: 

Johnson

School district: 

Richland One

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$879,006
Asking price
$1,095,000
Closing costs (~8% of asking)
-$87,600
Est. remaining loan balance
-$128,394
Cash to seller
$879,006

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Silver Hill Financial Llc

Loan start date

September 2006

Original loan amount

$205,000

Est. remaining balance

$128,394

Interest rate

6.72%

Loan type

Not Provided, 30 year

Seller

Evette M Marshall

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 10:45 AM

Listing updated: 01/16/2025 at 8:16 PM

Listed by: Kyla Bailey, Better Homes and Gardens Real Est Medley

MLS: ColumbiaSC #600226

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