305 Nevada St, Columbia, SC 29201

$269,900
3
BD
1
BA
1,194
SqFt

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List Price
$269,900
Status
ACTIVE
Days on Market
1
MLS#
643196
Subtype
Residential
Style
Bungalow, Traditional
Year Built
1940
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,194
Lot Size
10,890
Acres
0.25
Subdivision
Olympia
Neighborhood
Olympia
MLS Area Major
Columbia - South

Property Description

INVESTORS—THIS ONE DESERVES YOUR ATTENTION! 305 Nevada St puts you right in the middle of one of Columbia’s most recognizable USC and game-day corridors, with Williams-Brice Stadium and the SC State Fairgrounds practically in your backyard. This 3-bedroom, 1-bath home sits on a corner lot with a large fenced yard and offers something every investor loves to see: income already in place. Minutes from USC, downtown Columbia, Five Points and The Vista, this location offers excellent proximity to campus, entertainment, dining and major Columbia attractions. For investors who understand Columbia, the location is the story. Properties this close to Williams-Brice, the Fairgrounds and USC do not come with a replacement button. You can renovate interiors, update finishes and improve a property over time, but you cannot manufacture this kind of proximity later.The corner-lot setting and fenced yard add even more flexibility and long-term appeal. The current lease gives the next owner immediate income while leaving plenty of room to consider future improvements and continued rental use down the road.This is not a property where you are buying first and figuring out the investment plan later. The rental history is already established, the income is already coming in, and the location is already doing the heavy lifting.If your investment strategy includes USC-area rentals, student housing, long-term holds or properties positioned around Columbia’s major event and university corridor, this one deserves a serious look.Paint can change. Flooring can change. Kitchens can change. You cannot recreate a corner lot this close to Williams-Brice and the Fairgrounds.If you have been waiting for an income-producing property near USC, 305 Nevada may be the one that makes you stop scrolling and start doing the math. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Additional Information

Interior Features
Ceiling Fans, Smoke Detectors, Attic Access
Exterior Features
Shed, Workshop, Rain Gutters, Covered Porch, Covered Porch
Property Description
Bungalow, Traditional
Appliances
Ice Maker, Refrigerator
Heating
Central
Air Conditioning
Central Air
Stories
1
Foundation
Crawl Space
Parking Features
None
School District
Richland One
Elementary School
A.C. Moore
Middle School
Hand
High School
Dreher

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jennifer Hester-Padgett from Listing Office: Jennifer Padgett Properties LLC.