Description
Five-unit multifamily investment opportunity in Inman, SC with current scheduled gross rents of $7,500 per month ($90,000 annually). Rent roll consists of three units at $1,500/month, one unit at $1,400/month, and one unit at $1,600/month. The property offers in-place cash flow, diversified unit income, and potential upside through improved operations and rental growth, subject to market conditions. Suitable for investors seeking a small multifamily asset with immediate income and long-term hold potential. This remarkable investment portfolio offers a rare chance to capitalize on two maintained duplexes and a charming standalone home, each boasting 3 bedrooms and 2 baths on over 2.6 acres total. Spartanburg county 3 tax map: 1-39-00-071.04 1-39-00-071.06 1-39-00-071.01 All properly recorded/permitted at the county. Manufactured home is detitled.
Details
| MLS # | 1584520 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 2022 |
| Days On Site | 183 |
| Listing Provided By | Brighten Real Estate Group, LLC | Casey Breitenbach |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 3,300 |
| Story(s) | 1 |
| Units | 5 |
| Acreage | 2.60 |
Taxes
| Property | 6537 |
|---|
Area Information
| State | SC |
|---|---|
| County | Spartanburg |
| City | Inman |
| Zip Code | 29349 |
| Area | 015 |
| School District | Chapman |
| Elementary School | Inman |
| High School | Chapman |
| Listing VS Median (in 29349) | |
Price: $985,000 low | high Med: $985,000 sqft: 3,300 low | high Med: 3,300 $ / sqft: $298 low | high Med: $298 On site: 183 low | high Med: 183 | |
Market Activity 29349
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Learn More About This Property
| State | SC |
|---|---|
| County | Spartanburg |
| City | Inman |
| Zip Code | 29349 |
| Area | 015 |
| School District | Chapman |
| Elementary School | Inman |
| High School | Chapman |
| Listing VS Median (in 29349) | |
Price: $985,000 low | high Med: $985,000 sqft: 3,300 low | high Med: 3,300 $ / sqft: $298 low | high Med: $298 On site: 183 low | high Med: 183 | |