Description
This 6-unit apartment building sits in the heart of the Columbia Arts District, offering a prime location just steps from the Columbia Arts Building (CAB), the Library, and downtown Columbia. Tenants enjoy a walkable lifestyle, with access to the area’s vibrant culture and amenities. Half of the units are already renovated, with the other half ready for upgrades, giving the property even more potential. The building boasts an 8% pro forma cap rate, making it a smart investment. Initially planned as a “Music Legends” short-term rental, this property’s proximity to The Mulehouse inspired themed units honoring legendary musicians. However, with the current market, it’s now available as a cash-flowing rental property. I’ve taken great care of this building, replacing much of the plumbing and essential fixtures. Properties in this sought-after area don’t last long – seize this opportunity while you can! Please do not disturb the tenants.
Details
Updated on November 5, 2024 at 6:01 pm- Property ID: 2746663
- Price: $700,000
- Property Size: 2450 Square Feet
- Garage Size: x x
- Year Built: 1900
- Property Type: Residential Income
- Property Status: Active
- MLS#: 2746663
Address
Open on Google Maps- Address 917 S High St
- City Columbia
- State/county TN
- Zip/Postal Code 38401
- Area N/a
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