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$165,000

Beds
2
Baths
2.0
sq ft
Unknown

5870 Koon Rd, Columbia, SC 29203

5870 Koon Rd

Columbia, SC 29203

  • 50 days on market
    • Price drop $52,000↓
Welcome to Columbia, the Heart of South Carolina and Home of the State Capital!Sold As Is!Discover the perfect blend of opportunity and charm with this versatile property, ideal for first-time homeowners, new investors, or seasoned buyers looking to expand their portfolio. Nestled on two lots (175 and 176). This unique offering combines a main house with additional units, making it a standout opportunity for income generation or multi-generational living. The Main House is a charming 2-bedroom, 2.5-bathroom home with plenty of space to grow. Highlights include:A bright and functional eat-in kitchen with ample storage.A welcoming living room and separate dining area for entertaining.A convenient laundry room for added practicality.A bonus room on the second level.Lot 176 features two units with income potential or guest apartment: -Lower Unit: A cozy, open-concept studio with a full kitchen and half bath. Renovate it and convert it to a full bathroom if desired. -Upper Unit: A spacious 2-bedroom, 1-bathroom apartment that has been successfully rented in the past to a family member. Whether you're looking to live in the main house and rent out the additional unit, or use the entire property as an income-generating investment, this site offers endless possibilities. With a little TLC, this property can shine as a lucrative rental opportunity, a family compound, or even a vacation rental for guests visiting the state capital subject to buyer applying for all permits. Separate meter on lot 175 and 176 for Electric only. There are no separate utilities meters for water. Water is on one bill. Lot 176 bottom and top units on one Electric meter. Buyer responsible for cost to install separate meters. Don't miss out on this rare chance to own a property with great income potential and versatile living options. Schedule your showing today and see how this Columbia gem can work for you! Your future starts here where opportunity meets location! Listing Agent assumes no responsibility for the correctness thereof, nor warrants the accuracy of the information or the condition of the property. If square footage is important - measure! Buyer to verify schools. No rent receipts are available. Inspection reports are available upon request. Sold As Is. No repairs will be done. All offers must include proof of funds.

Details

Property type

Single Family Residence

Lot size

0.42 acres

Price per sq ft

Unknown

Year built

1950

Annual property taxes

$1,672.24

Price History

03/05/2025
CTAR

CTAR #25003392

Price change
$165,000
-23.96%
02/19/2025
CTAR

CTAR #25003392

Pending
$217,000
02/08/2025
CTAR

CTAR #25003392

Listed
$217,000

Schools & Community

Neighborhood: 

Fairwold Acres

Elementary school: 

Out of Area

Middle school: 

Out of Area

High school: 

Out of Area

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Status: Active

Tomo last checked: 03/31/2025 at 12:55 PM

Listing updated: 03/05/2025 at 5:46 PM

Listed by: Toni Gilliard, Elite Palmetto Real Estate Phone #: (843) 619-7979

MLS: CTAR #25003392

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