Bishop Road, Inman, SC 29349

$985,000
12
BD
8
BA

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List Price
$985,000
Status
ACTIVE
MLS
1584520
Beds
12
Baths
8
Full Baths
8
County
Spartanburg
Type
Multifamily
Year Built
2022
Stories
1

Property 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.

Additional Information

Subtype
Duplex
Region
015
Elementary School
Inman
Middle School
Mabry
High School
Chapman
Taxes
$6,537
Roof
Architectural, Composition
Exterior
Vinyl Siding
Foundation
Crawl Space, Slab, Other
Water
Public
Sewer
Septic Tank
Appliances
Electric Water Heater
Amenities
None
Exterior
Vinyl Siding
Cooling
Electric, Heat Pump
Water
Public
Sewer
Septic Tank
Foundation
Crawl Space, Slab, Other
Roof
Architectural, Composition

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Calculator source: Real Geeks

Listing courtesy of Brighten Real Estate Group, LLC.

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