Inman, SC 29349

$985,000

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List Price
$985,000
Status
ACTIVE
MLS
334531
County
Spartanburg
Type
Multifamily
Year Built
2022

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
Other
Region
Inman
School District
1
Elementary School
1-Inman Elementary
Middle School
1-T. E. Mabry
High School
1-Chapman High
Taxes
$6,537
Roof
Architectural, Composition
Foundation
Slab
Water
Public
Sewer
Septic Tank
Cooling
Heat Pump
Water
Public
Sewer
Septic Tank
Foundation
Slab
Roof
Architectural, Composition

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Calculator source: Real Geeks

Listing courtesy of Brighten Real Estate Group.