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285 Senior Rd

Kingstree, SC 29556
  • $140,000
  • STATUS: Active
  • ON SITE: 150 Days
  • MLS #: 20222376
UPDATED: 36 min ago
$140,000
  • 0
    BEDS
  • 0.92
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1983
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

A great opportunity to build passive income with a cap rate of 6.3%! There is an opportunity for expansion as the lot size is 0.92 acres. The property is currently 100% leased with rents below market value, yet still producing a positive cash flow. Constructed in 1983, the property consists of 2 units with 770 sq. ft. The long-term tenants are on a month to month lease. Unit A is rented for $500.00 and Unit B is rented for $550.00 per month. The duplex is self-managed by the Owner. Each floor plan includes a living room, kitchen, bedrooms, bathroom, laundry room, and outside storage room. The metal roof was installed 5 years ago. The septic tank was pumped one year ago for regular maintenance. The Owner has additional multi-family properties available for a package deal.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of The Realtor Association of the Greater Pee Dee. Data last updated: 2022-12-04T22:36:26.377.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed. Neither The Realtor Association of Greater Pee Dee, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by The Realtor Association of Greater Pee Dee for use by its members and is not intended for the use for any other purpose.
www.florencehomesearch.com/homes/130595980
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285 Senior Rd Kingstree, SC 29556

  • Price: $140,000
  • Status: Active
  • On Site: 150 Days
  • Updated: 36 min ago
  • MLS #: 20222376
0
Beds
0
Baths
0
½ Baths
0.92
Acres
1983
Built
Neighborhood:
County
County:
Williamsburg
Area:
Kingstree
Elementary School:
Wm Anderson
Middle School:
Kingstree Jr Hi
High School:
Kingstree High
Property Description
A great opportunity to build passive income with a cap rate of 6.3%! There is an opportunity for expansion as the lot size is 0.92 acres. The property is currently 100% leased with rents below market value, yet still producing a positive cash flow. Constructed in 1983, the property consists of 2 units with 770 sq. ft. The long-term tenants are on a month to month lease. Unit A is rented for $500.00 and Unit B is rented for $550.00 per month. The duplex is self-managed by the Owner. Each floor plan includes a living room, kitchen, bedrooms, bathroom, laundry room, and outside storage room. The metal roof was installed 5 years ago. The septic tank was pumped one year ago for regular maintenance. The Owner has additional multi-family properties available for a package deal.
Exterior Features

Construction Wood Siding Cooling System Central Air Parking Off Street Parking Spaces 12 Roof Metal Roof Storage Outside Storage Stories 1

Interior Features

Floors CarpetLaminate Heating System Central Unit1 Furnishings Stove & Refrigerator Unit1 Sq Ft 770 Unit2 Furnishings Stove & Refrigerator Unit2 Sq Ft 770

Property Features

Amenities Cable T.V. Annual Insurance Expense 1347 Annual Taxes Expense 1750 Annual Water Expense 360 Buyer Agent% 3 Multifamily Type Duplex Sewer Septic Unit1 Monthly Rent $500 Unit2 Monthly Rent $550 Water Public Water

Listing provided by Melissa Floyd of United Real Estate Sc: [IDXCONTACTINFORMATION]. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. © 2022 The Realtor Association of the Greater Pee Dee.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of The Realtor Association of the Greater Pee Dee. Data last updated: 2022-12-04T22:36:26.377.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed. Neither The Realtor Association of Greater Pee Dee, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by The Realtor Association of Greater Pee Dee for use by its members and is not intended for the use for any other purpose.
 
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Crosson and Co - EXP Realty
492 West Cheves Street
Florence SC, 29501