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$ 299,900
Est. payment | /mo
3,629 SqFt
$ 299,900
Est. payment | /mo
3,629 SqFt
Key Details
Property Type Multi-Family, Apartment
Sub Type Apartment 4+
Listing Status Active
Purchase Type For Sale
Approx. Sqft 13068
Square Footage 3,629 sqft
Price per Sqft $82
Subdivision County
MLS Listing ID 2601390
Year Built 1945
Lot Size 0.300 Acres
Property Sub-Type Apartment 4+
Property Description
Unique investment opportunity in the heart of Johnsonville featuring five fully occupied rental units generating approximately $4,525 per month in gross rental income. This property consists of a mix of one-bedroom, two-bedroom, and studio-style units, including a former jail area converted into a one-of-a-kind studio apartment. Current unit mix includes three 1-bedroom/1-bath units, one 2-bedroom/1-bath upstairs unit with washer hookup, and one studio-style unit. All units are occupied on month-to-month leases, offering flexibility for future rent adjustments. Property currently produces approximately $54,300 in annual gross income with an estimated NOI of approximately $36,843 annually. Strong rental history, immediate cash flow, and upside potential make this an excellent opportunity for investors looking to add to their portfolio. Conveniently located near local shops, restaurants, and major routes through Johnsonville.
Location
State SC
County Florence
Area Johnsonville
Interior
Fireplace No
Building
Story 2
Schools
Elementary Schools Johnsonville
Middle Schools Johnsonville
High Schools Johnsonville
School District Johnsonville
Listed by: LPT Realty, LLC. • Maggie Cooper
Schools and Properties Nearby