401 N Fant ST Active Save Request In-Person Tour Request Virtual Tour
Anderson,SC 29621
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20277827
HOA Y/N No
Property Description
401 N Fant St. is a well-positioned 4-plex investment property located in the booming downtown of Anderson, SC. Recent upgrades/improvements and quality tenants. Three of the four units are on long term leases and average $1,200/month/unit. The other unit is currently being operated as an AirBNB grossing approx. $2,000/month.
-NOI = $50,550 based on an assumption of $5,100/month in gross rental income (discounting AirBNB income to $1,500/month)
-Asking Price = $575,000 = 8.8% cap rate
-Yearly Expenses = $10,650 ($7,350 for property taxes, $2,400 for insurance, $900 for landscaping)
Call with questions or to schedule a showing. Property is tenant occupied so notify listing agent before showing.
Owner is licensed SC Real Estate Broker
Location
State SC
County Anderson
Area 105-Anderson County,Sc
Interior
Interior Features InteriorFeatures
Fireplace No
Building
Lot Description City Lot
Others
Tax ID 1232915016