UPDATED: Gross rent has been increased in 2024 to $13,762 per month, and sellers have replaced the iron railing at the quadruplex with a brand new railing! Here is a rare Greenville County investment opportunity - 11 doors (2 duplexes, a triplex, and a quadruplex) cash flowing on a .72 acre lot directly across the street from Simpsonville Elementary School and just 1.5 miles to Downtown Simpsonville! These units have all been updated and well-maintained in recent years with new roofs, new HVAC units, LVP flooring, fresh paint, etc. All units are rented or have a tenant lined up (except for one unit, which is currently being held vacant for showings), and when fully rented (as of February 2024), this property brings in gross income of $13,762, with rents steadily increasing over the years. Other details can be found in the member remarks and associated documents. Opportunities like this one rarely come around, especially in Simpsonville! Don't let this one pass you by!
| Price | $1,625,000 |
|---|---|
| Year Built | 1967 |
| Property Type | Multi-Family |
| Listing # | 1517956 |
| Status | Active |
| County | Greenville |
| Listing Type | For Sale |
| Heating and Cooling | Forced Air, Natural Gas, Heat Punp, Central Forced, Electric |
|---|
| Exterior | Block, Vinyl Siding, Brick Veneer – Partial |
|---|---|
| Foundation | Crawl Space |
| Roof | Architectural |
| Lot Size | 0.72 acres |
| MLS Area | 032 |
|---|
Courtesy of Stan McCune, BHHS C Dan Joyner - Midtown973-479-1267
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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.
