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$250,000
Unique investment opportunity to own a rural property with two homes on one large parcel, offering flexibility for multi-family living, a family compound, or an investor looking for a value-add opportunity. With no HOA and no subdivision restrictions, this property provides endless options for both owner occupants and investors. Both homes require work, making this property best suited for a buyer with vision, skill, and funding. An investor could renovate the existing homes and potentially create significant upside through resale, rental income, or a combination of both. The property also offers potential for further subdivision and additional structures, creating even more possibilities for development and resale. The property is in a peaceful rural setting while remaining conveniently located around the corner from Columbia International University (CIU) and Ben Lippen School. It's approximately a 40-minute drive to V.C. Summer Nuclear Station and about 30 minutes to the new Scout Motors manufacturing facility in Blythewood, putting major employment centers within reasonable driving distance. Whether you're looking for a multi-generational living arrangement, private family compound, renovation project, rental opportunity, or land investment with development potential, this property offers plenty of room to create value. Bring your vision and explore the possibilities! Buyer to perform due diligence on zoning, subdivision potential, permitted uses, utilities, and acreage.

1334 Winterwood Rd, Columbia

Listing courtesy of Keller Williams Palmetto.

$235,000
Investors, house hackers, and income-focused buyers—this opportunity is worth a look! 4510 Colonial Dr. is a well-maintained, income-producing duplex with a proven history of consistent rental occupancy and previous use as a short-term rental generating an excellent cap rate.Both units are fully furnished, and new appliances convey with the property, creating a turnkey investment with minimal upfront setup. Recent improvements include covered porches, updated plumbing, and additional storage, adding functionality and appeal for both long- and short-term tenants.The upper unit is currently occupied with a year-long lease, providing immediate rental income, while the lower unit is currently vacant, with a new short-term renter moving in soon to provide even more income or use the unit for personal living after the renter moves out.With two income-producing units, furnishings included, new appliances, valuable updates, and a demonstrated rental track record, this property offers multiple ways to build cash flow and maximize your investment strategy.Whether you're expanding your portfolio, looking for a turnkey rental, exploring short-term rental potential, or seeking an owner-occupant opportunity, 4510 Colonial Dr. offers the flexibility and income potential today's investors are looking for. Schedule your showing and see the possibilities for yourself! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

4510 Colonial Dr, Columbia

Listing courtesy of Keller Williams Preferred.