$1,625,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$1,625,000 No Recent Price Change
201 Morton Avenue
Simpsonville, SC 29681
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • N/ASqFt
  • 1967Year Built
  • 0.72Acres
  • MLS# 1517956
  • Multi-Family
  • APT. 5+
  • Active

  • Approx Time on Market2 months, 29 days
  • Area032-Simpsonvl/ftinn
  • CountyGreenville
  • SubdivisionNone

Overview

UPDATED: Gross rent has been increased in 2024 to $13,762 per month, and sellers have replaced the iron railing at the quadruplex with a brand new railing! Here is a rare Greenville County investment opportunity - 11 doors (2 duplexes, a triplex, and a quadruplex) cash flowing on a .72 acre lot directly across the street from Simpsonville Elementary School and just 1.5 miles to Downtown Simpsonville! These units have all been updated and well-maintained in recent years with new roofs, new HVAC units, LVP flooring, fresh paint, etc. All units are rented or have a tenant lined up (except for one unit, which is currently being held vacant for showings), and when fully rented (as of February 2024), this property brings in gross income of $13,762, with rents steadily increasing over the years. Other details can be found in the member remarks and associated documents. Opportunities like this one rarely come around, especially in Simpsonville! Don't let this one pass you by!


Amenities / Special Info

Association Fees / Info

Hoa:  N

Bathroom Info

Building Info

Year Built:  1,967

Foundation:  Crawl Space

Stories:  1

Estage:  Unknown

Foreclosure:  N

Exterior Features

Acres:  0.72

Roof:  Architectural

Exterior Finish:  Block, Vinyl Siding, Brick Veneer - Partial

Financial

Short Sale:  N

Garage / Parking

Parking Per Unit:  One Space, Two Spaces

Green / Env Info

Lot Info

Other

Auction:  Yes

Special Features

Special Finances:  Possible Exchange

Special Assessment:  ,No,

Unit Info

Units:  11

Unit Features:  Dining, Kitchen/Breakfast Room, Living/Great Room, Some Storm Door(s), Refrigerator, Vinyl Floor, Stand Alone Rng-Electric

Utilities / Hvac

Heating System:  Forced Air, Natural Gas, Heat Punp

Seperate Utility Meters:  Electric, Gas, Water

Sewer:  Public

Cooling System:  Central Forced, Electric

Water Heater:  Electric, Multiple Units

Garbage Pickup:  Public

Waterfront / Water

Water:  Public

Schools

Elem:  Simpsonville

Middle:  Hillcrest

High:  Hillcrest

Courtesy of Stan McCune of BHHS C Dan Joyner - Midtown 

Mortgage Calculator

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On longboatgroup.com since Thu, Feb 1st 2024
No Property History recorded for this listing.

Source of information: Greenville MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Last Updated On: 04-30-2024 4:32 PM EST.

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