69 Lexington Dr Unit #A-9, West Columbia, SC 29169
- $1,425,000
- 13,000
- SqFt
- List Price
- $1,425,000
- Status
- ACTIVE
- Days on Market
- 89
- MLS#
- 640626
- Subtype
- Residential Income
- Year Built
- 1960
- Living Area
- 13,000
- Lot Size
- 130,680
- Acres
- 3
- MLS Area Major
- Cayce/West Cola/Airport/S. Congaree
Property Description
This is a 21 unit property with a total of 36 bedrooms and 21 baths. 20 of the 21 units are currently leased. Gross current rents are $16,410 per month or $196,920 per year. Rents presently average only $455 per BR/month with substantial organic upside on rent rates. Many long term tenants - Those units need to be upgraded upon turnovers and projected rents should average $565 per bedroom, $20,340 per month or $244,080 per year. This listing offers substantial upside in value. As is and no owner financing of any kind. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Additional Information
- Heating
- Other
- Air Conditioning
- Window/Wall
- Stories
- 1
- Foundation
- Crawl Space, Slab
- Parking Features
- Off Street
- School District
- Lexington Two
- Elementary School
- Springdale
- Middle School
- Fulmer
- High School
- Airport
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Listing courtesy of Listing Agent: Bill Graham from Listing Office: Coldwell Banker Realty.