1617 Heyward StColumbia, SC 29205

Property Details for 1617 Heyward St

Year built

1930

Property size (Sq ft)

2,856 SF

Property type

Dormitories

Property subtype

Student housing

Description

This 2-unit, 2-story student housing duplex at 1617 Heyward St, Columbia, SC 29205, offers a compelling investment opportunity. Built in 1930, the 2,856 square foot property boasts 3 bedrooms and 1 full bath in each unit, currently rented to University of South Carolina students at $900 per bedroom, generating $5400 in monthly rental income. The asking price is $684,900, or $342,450 per unit, representing a price per square foot of $239.81. Located in a highly desirable downtown university neighborhood, this property provides easy access to the USC campus and Five Points. A key advantage is the inclusion of an on-site parking lot, presenting the potential for additional rental income by leasing spaces to students. Recent renovations are detailed in a seller-provided upgrade sheet. The property is not subject to a ground lease. This property presents a rare opportunity to acquire a well-located, income-producing asset with value-add potential in a thriving student housing market.

Location Insight

City

Columbia

County

Richland

State

South Carolina

Latitude

33.9888

Longitude

-81.0196

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