$1,625,000
Active
108 Days Online
0 Beds0 Baths0 SQFT
Active

201 Morton Avenue Simpsonville, SC 29681

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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!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyGreenville
  • Taxes$8,379
  • HOA/Condo/Coop Fees$0
  • Days on Site107 Days
  • MLS StatusActive
  • MLS ID Number1517956
  • Home Size Source N/A
  • Year Built1967
  • Lot Size0.72 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction BlockVinyl SidingBrick Veneer
  • Parking One SpaceTwo Spaces
  • Sewer Public Sewer
  • Number of Stories 11
  • Acreage 0.72
  • Water Public
  • Property Sub Type Apartment

Interior Features

  • Cooling Central ForcedElectric
  • Heating Forced AirNatural GasHeat Pump
  • Appliances Unit 1: RefrigeratorUnit 2: RefrigeratorUnit 3: RefrigeratorUnit 4: RefrigeratorElectric Water HeaterWater Heater
  • Flooring Unit 1: DiningKitchen/ Breakfast RoomLiving/ Great RoomSome Storm Door(s)RefrigeratorVinyl FloorStand Alone Rng- ElectricUnit 2: DiningSome Storm Window(s)Unit 3: DiningUnit 4: Dining
  • Window Features Unit 2: Some Storm Window(s)

Exterior Features

  • Waterfront Property No

Community Features

  • Community Features None
  • MLS Area 32

Schools

School District
Unknown
Elementary School
Simpsonville
Middle School
Hillcrest
High School
Hillcrest

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Monthly Payment (Est.)

$8,666
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