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$ 259,900

Est. payment | -/mo

3 Beds

1 Bath

1,194 SqFt

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$ 259,900

Est. payment | -/mo

Save

3 Beds

1 Bath

1,194 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Pending

Purchase Type For Sale

Square Footage 1,194 sqft

Price per Sqft $217

Subdivision Olympia

MLS Listing ID 643196

Style Bungalow,Traditional

Bedrooms 3

Full Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1940

Lot Size 10,890 Sqft

Property Sub-Type Single Family

Property Description

NOW $259,900! Your investment portfolio called—it wants something within walking distance of Williams-Brice Stadium.Located directly behind Olympia High School, 305 Nevada Street puts tenants near USC and the South Carolina State Fairgrounds, with Williams-Brice within walking distance. On football Saturdays, being able to leave the car at home is a selling point all by itself. Let somebody else figure out parking.This 3-bedroom, 1-bath home sits on a corner lot with a large fenced yard and is currently leased at $1,800 per month through July 2027, generating $21,600 in annual gross rent at the existing rate. Tenants are already in place while you plan your next move.For students, choosing a rental means figuring out where they'll study, meet friends, grab dinner and spend their weekends. This location offers convenient access to campus, stadium events and the Fairgrounds, with Five Points, The Vista and downtown Columbia nearby for dining and entertainment. Three bedrooms allow roommates to share housing costs while having their own rooms, and the fenced yard adds space to relax outdoors. Because college life occasionally requires fresh air and something besides a laptop screen.Estimated current market rent for three students is $2,200–$2,400 per month, representing $26,400–$28,800 in potential annual gross rent. That's a potential increase of $4,800–$7,200 annually over the current rent after the existing lease ends, subject to market conditions and future leasing. Figures are before expenses—bring your calculator; it needs to earn its keep, too.Potential to add a bathroom at the rear of the home, subject to permits and approvals, creates another opportunity to improve functionality and future rental appeal. Sold AS IS, giving investors the opportunity to evaluate improvements against the purchase price, existing income and long-term goals.Current rental income, a three-bedroom roommate setup and a walk-to-the-stadium location give this property more to work with than a catchy listing description. Run the numbers, walk the property and see how Nevada Street fits your portfolio.Tenant occupied. Advance notice required for showings. Please do not d Disclaimer:

Location

State SC

County Richland

Area Columbia - South

Rooms

Primary Bedroom Level Main

Master Bedroom Bath-Jack & Jill , Bath-Shared, Ceiling Fan, Closet-Private, Floors-Luxury Vinyl Plank

Bedroom 2 Main Bath-Jack & Jill , Ceiling Fan, Closet-Private, Floors-Luxury Vinyl Plank

Dining Room Main Floors-Hardwood, Floors-Laminate, Ceiling Fan

Kitchen Main Island, Floors-Laminate, Counter Tops - Other, Cabinets-Painted

Interior

Interior Features Ceiling Fan, Smoke Detector, Attic Access

Heating Central

Cooling Central

Fireplaces Number 1

Equipment Icemaker, Refrigerator

Laundry Heated Space, Mud Room, Utility Room

Exterior

Exterior Feature Shed, Workshop, Gutters - Full, Front Porch - Covered, Front Porch - Screened, Back Porch - Covered

Parking Features None

Fence Chain Link, Full

Pool No

Street Surface Paved

Building

Lot Description Corner

Faces Northwest

Story 1

Foundation Crawl Space

Sewer Public

Water Public

Structure Type Vinyl

Construction Status Resale

Schools

Elementary Schools A.C. Moore

Middle Schools Hand

High Schools Dreher

School District Richland One

Others

Miscellaneous Cable TV Available,Built-ins

Listed by Jennifer Padgett Properties LLC

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(843) 568-7216

kevan@boykinre.com

606 Old Trolley Rd Ste 205, Summerville, SC 29485, USA

305 Nevada Street Columbia, SC 29201

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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305 Nevada Street