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5870 Koon Road, Columbia, SC, 29203 | $165,000
Welcome to Columbia, the Heart of South Carolina and Home of the State Capital!Sold As Is!Discover the perfect blend of opportunity and charm with this versatile property, ideal for first-time homeowners, new investors, or seasoned buyers looking to expand their portfolio. Nestled on two lots (175 and 176). This unique offering combines a main house with additional units, making it a standout opportunity for income generation or multi-generational living. The Main House is a charming 2-bedroom, 2. 5-bathroom home with plenty of space to grow. Highlights include: A bright and functional eat-in kitchen with ample storage. A welcoming living room and separate dining area for entertaining. A convenient laundry room for added practicality. A bonus room on the second level. Lot 176 features two units with income potential or guest apartment: -Lower Unit: A cozy, open-concept studio with a full kitchen and half bath. Renovate it and convert it to a full bathroom if desired. -Upper Unit: A spacious 2-bedroom, 1-bathroom apartment that has been successfully rented in the past to a family member. Whether you're looking to live in the main house and rent out the additional unit, or use the entire property as an income-generating investment, this site offers endless possibilities. With a little TLC, this property can shine as a lucrative rental opportunity, a family compound, or even a vacation rental for guests visiting the state capital subject to buyer applying for all permits. Separate meter on lot 175 and 176 for Electric only. There are no separate utilities meters for water. Water is on one bill. Lot 176 bottom and top units on one Electric meter. Buyer responsible for cost to install separate meters. Don't miss out on this rare chance to own a property with great income potential and versatile living options. Schedule your showing today and see how this Columbia gem can work for you! Your future starts here where opportunity meets location! Listing Agent assumes no responsibility for the correctness thereof, nor warrants the accuracy of the information or the condition of the property. If square footage is important - measure! Buyer to verify schools. No rent receipts are available. Inspection reports are available upon request. Sold As Is. No repairs will be done. All offers must include proof of funds.
Features
- Bedrooms: 2
- Baths: 2 full
- Laundry: Electric Dryer Hookup, Washer Hookup
- Style: Traditional
- Development: 81 - Out of Area
- Year Built: 1950
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,794
- Acreage: 0.42
- Lot Desc: 0 - .5 Acre
- Elem. School: Out of Area
- Middle School: Out of Area
- High School: Out of Area
- MLS#: 25003392
- Days on Market: 88 days
- Website: https://www.raveis.com
/prop/25003392/5870koonroad_columbia_sc?source=qrflyer
Listing courtesy of Elite Palmetto Real Estate
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5870 Koon Road, Columbia, SC, 29203
$165,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $132,000 | $132,000 | $132,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $824 | $867 | $1,105 |
| Total Monthly Payment | $899 | $942 | $1,180 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484