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$1,580,000
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Property Description
Brand new construction just completed two months ago. 100% leased for the next 21 months with gross revenue of $239,000 on the books. This property consists of four townhome style apartments each with 3 bedrooms and each bedroom has its own private bath. A total of 12 bedrooms and 12 full baths. All 4 townhome apartments are currently 100% leased until 7-31-25 for $10,400/mth "And" already leased from 8-1-2025 to 7-24-2026 for $12,135/mth or $145,630 per year. Each townhome is separately metered for all utilities which the tenants pay!! These townhomes have been custom built and designed by The Wilson Company and professionally decorated. The high end finishes are extraordinary for any rental property with hardy plank exterior, stained concrete floors, granite countertops, Samsung appliance package (including washer/dryers), tankless hot water heaters, 40 yr architectural shingles, split heat pump zoned systems, drip irrigation system for landscaping, Silverline energy efficient windows, large walk-in closets and much, much more! Located in a very popular area only approx 1.5 mi from USC campus, Williams Brice Stadium, 5 Points with plenty of shops and restaurants. Enjoy a break from 75 year old properties with the never ending maintenance calls and invest in a brand new quality built student rental property. Call Bill Graham 803-331-4586. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Full Property Details
Full Property Details for 402 S Saluda Ave
General
- Sold For: $1,580,000
- Status: Closed
- Type: Multi-Family
- Source: Consolidated_MLS_2
- MLS ID: 595909
- Added to Site: 482 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 12
Other Rooms
- Laundry: Individual
Exterior
- Exterior Features: Fence Partial, Sprinkler
Parking
- Parking: Off Street, Other
Location
- Area: Columbia - South
- County: Richland
- Subdivision: NONE
School Information
- School District: Richland One
- Middle School: Hand
- High School: Dreher
Heating & Cooling
- Cooling Type: Heat Pump 1st Lvl, Zoned
- Heating Type: Heat Pump 1st Lvl, Zoned
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Foundation: Slab
Unit Information
Unit 1
- Bedrooms: 3
Unit 2
- Bedrooms: 3
Unit 3
- Bedrooms: 3
Unit 4
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.26
- Lot Size: Approx .26 acres
- Street/Road Desc.: Paved
Financial Considerations
- Pays Cable: Tenant
- Pays Electric: Tenant
- Pays Gas: Tenant
- Pays Heat: Tenant
- Pays Trash: Owner
- Pays Water: Tenant
- Pays Sewer: Tenant
Disclosures and Reports
- APN: 11309-14-01
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Schools
Schools serving 402 S Saluda Ave
School District:Richland School District 1
| Name | Grades | Distance |
|---|---|---|
A. C. Moore Elementary School 333 Etiwan Avenue, Columbia, SC 29205 | K-5 | 0.2 mi |
Hand Middle School 2600 Wheat Street, Columbia, SC 29205 | 6-8 | 0.8 mi |
Dreher High School 3319 Millwood Avenue, Columbia, SC 29205 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 402 S Saluda Ave
Date
Details
Price
Change
Source
1/10/2025
Sold
$1,580,000
-1.25%
MLS
10/28/2024
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
402 S Saluda Avenue, Columbia, SC 29205 (MLS# 595909) is a Multi-Family property that was sold at $1,580,000 on January 10, 2025. This property was listed by Bill Graham from our Midtown Office.Want to learn more about 402 S Saluda Avenue? 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.


