$575,000
Active
48 Days Online
5 Beds4 Baths3,750 SQFT
Active

401 N Fant Street Anderson, SC 29621

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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

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountyAnderson
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site48 Days
  • MLS StatusActive
  • MLS ID Number20277890
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0 Acres
  • Full Baths4
  • Partial BathsN/A

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Schools

School District
Tl Hanna
Elementary School
Concord Elem
Middle School
Mccants Middle
High School
Tl Hanna High

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Monthly Payment (Est.)

$2,782
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