1304 Mcduffie Ave, Columbia, SC 29204

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List Price
$399,999
Price Change
▲ $49,999 1794608976
MLS#
644365
Status
ACTIVE
Days on Market
39
Type
Multifamily
Year Built
1930
City
Columbia
Area
East Columbia
County
Richland
Neighborhood
Hampton Place
Living Area
2,695

Property Description

PRE-LEASED AT $4,800/MONTH FOR THE 2027–2028 SCHOOL YEAR | $1,200/MONTH INCREASE OVER CURRENT RENT | $14,400 ADDITIONAL INCOME. Rare chance to acquire an income-producing investment with two detached single-family homes on one lot, with established rental income and demonstrated potential for increased returns. Located near the University of South Carolina, downtown Columbia, Fort Jackson, MUSC, and Prisma Health, you're positioned to serve a diverse rental market: students, military personnel, medical professionals, hospital staff, and traveling healthcare professionals. Currently leased for $3,600/month through July 2027 and pre-leased for $4,800/month for the 2027–2028 school year, representing a $1,200 monthly increase and $14,400 in additional annual rental income. Immediate cash flow and a substantial increase in rental income already secured for the next lease term. Front home is approx 1,500 sqft with 4 beds/2 baths. Rear home is approx 1,000 sqft with 2 beds/1 bath, along with private access from the side-street alley. Both homes have their own yard space, while three porches and a shared patio between the residences provide additional outdoor living areas and separation between the two homes. With convenient access to major employment centers, universities, medical facilities, and downtown Columbia, this property offers an attractive combination of established income, increased rental returns, and long-term investment potential. Disclaimer: CMLS has not reviewed a

Additional Information

Parking Spaces
4
Stories
1
School District
Richland One
Elementary School
Carver-Lyon
Middle School
Crayton
High School
A. C. Flora

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Listing courtesy of Keller Williams Palmetto.