$985,000 | 12 beds | 8 full baths | N/A half baths | N/A sqft
Inman, SC 29349
- 12Beds
- 8Full Baths
- N/AHalf Baths
- N/ASqFt
- 2022Year Built
- 2.60Acres
- MLS# 1584520
- Residential
- Duplex
- Active
- Approx Time on Market4 months, 11 days
- Area015-Landrum/inman/wellfrd
- CountySpartanburg
- Subdivision None
Overview
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.
Agriculture / Farm
Amenities / Special Info
Community Features: None
Association Fees / Info
Bathroom Info
Total Baths: 8
Fullbaths: 8
Bedroom Info
Beds: 12
Building Info
Levels: One
Foundation Details: Crawl Space, Slab, Other
Construction Materials: Vinyl Siding
Year Built: 2022
Cooling: Yes
Property Condition: 1-5
Building Area Total: 3,300
Roof: Architectural, Composition
Exterior Features
Garage / Parking
Open Parking: Yes
Parking Features: Paved, Other
Handicap
Interior Features
Lot Info
Acres: 2.60
Lot Area: 2.6
Lot Size: 2.6
Lot Size Units: Acres
Misc
Other
Property Info
County: Spartanburg
Sqft Info
Living Area Units: Square Feet
Unit Info
Number of Units Total: 5
Utilities / Hvac
Water Source: Public
Appliances: Electric Water Heater
Cooling: Electric, Heat Pump
Sewer: Septic Tank
Heating: Electric, Heat Pump
Heating: Yes
Waterfront / Water
Courtesy of Casey Breitenbach of Brighten Real Estate Group, LLC
Featured Lender
Nicole Reeves
South State Bank 864-533-0548
[email protected]
http://SouthStateBank.com/moretgage/find-a-mortgage-banker/nicole-reeves
Nicole Reeves
e: [email protected]
c: 864-533-0548
Digital Mortgage Banker| Production Lead| APV
201 Bypass 123 Seneca , SC 29678