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1708 S Beltline Boulevard, Columbia, SC 29205


  • For Sale
  • Active
  • Multi-Family
  • 8 Units
1708 S Beltline Boulevard, Columbia, SC 29205View this property at 1708 S Beltline Boulevard, Columbia, SC 29205
1708 S Beltline BoulevardColumbiaSC29205

Property Description & Video

1708 S Beltline Boulevard, Columbia, SCVideo Tour of 1708 S Beltline Boulevard, Columbia, SC.
A rescued 8plex with potential and owner-financing available. At some point, someone turned a fine 8plex into a 6plex... why? Who knows? But it is ready for you. 1708 Beltline is an up-and-coming part of Columbia. Phase 1 renovations complete on this rare 8plex in Columbia. Brand-new double pane windows throughout, a laundry room with new commercial coin-op washer and dryer (currently bringing in an extra $20 per tenant per month), water efficiency improvements in occupied units (saving over $100 per month), and structural work (including physically splitting the 2br units back into 1br units) are done. Phase 2 is ready to begin. 4 units occupied at $400 per month. Tenants pay electric. Leases month-to-month. We're changing property
managers in March and will be shifting water costs to the tenants ($50 per unit per month) and raising rents to market rates ($500++). There's plenty of room for growth, depending on how you want to position the property. Pro Forma: Gross rents:$4000 Laundry:$160 at current rate of $20 per unit per month Shared Water: Currently $330 (will drop to near $0 as cost is shifted to tenants) Common Area Electric:$80 Property management:$400 Insurance:$1330 Taxes:$3557 Projected NOI at $500 per unit: $39,276 At CAP rate 8, that would put a target value on the property of $490,950 Sample owner-finance deal: $45,000 down, $1500 X 3 months, $2500 X 3 months, $3000 for final 6 months, interest only. Final Price 331,500 (less $45,000 down).

Full Property Detailsfor 1708 S Beltline Boulevard


  • Price: $321,500
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 440599
  • Updated: 2/7/2018
  • Added: 44 day(s) ago

Property History

  • 1708 S Beltline Boulevard, Columbia, SC
  • Listed at $321,500 on 2/1/18



  • Total Bathrooms: 5
  • Full Bathrooms: 5


  • Parking: Off Street


  • Area: Columbia - South
  • County: Richland
  • Subdivision: ROSEWOOD

School Information

  • School District: Richland One
  • Middle School: Hand
  • High School: Dreher

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Electric


  • Sewer: Community
  • Water: Community

Structural Information

  • Foundation: Crawl Space

Unit Information

Unit 1

  • Bedrooms: 1

Unit 2

  • Bedrooms: 1

Unit 3

  • Bedrooms: 1

Unit 4

  • Bedrooms: 1

Lot Features

  • Lot Size: 160X137.2X160X126
  • Street/Road Desc.: Paved

Financial Considerations

  • Pays Cable: Tenant
  • Pays Electric: Tenant
  • Pays Gas: None
  • Pays Heat: Tenant
  • Pays Trash: Owner
  • Pays Water: Tenant
  • Pays Sewer: Tenant

Disclosures and Reports

  • APN: 13681-01-11

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— 1708 S Beltline Boulevard —


Schoolsserving 1708 S Beltline Boulevard

School District:Richland 01
School Name
South Kilbourne Elementary School
1400 South Kilbourne Rd, Columbia, SC 29205
0.6 mi
Hand Middle School
2600 Wheat St, Columbia, SC 29205
2.4 mi
Dreher High School
3319 Millwood Ave, Columbia, SC 29205
2.4 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 1708 S Beltline Boulevard

1708 S Beltline Boulevard, Columbia, SC 29205 (MLS# 440599) is a Multi-Family property with 8 units containing 0 bedrooms and 5 full bathrooms. 1708 S Beltline Boulevard is currently listed for $321,500 and was received on February 01, 2018. This property is listed by Chris Bunge from our St. Andrews Office.Want to learn more about 1708 S Beltline Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Columbia? You can browse all Columbia real estate or contact a Coldwell Banker agent to request more information.