$ 575,000
401 N Fant ST Anderson, SC 29621
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 575,000
Est. payment /mo
Active
401 N Fant ST Anderson, SC 29621
UPDATED:
10/09/2024 03:09 PM
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
-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
Listed by McCoy Wright, Inc (24029)