Homes for sale - 100 Springdale Drive, Clinton, SC 29325-0000

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

Mon

May

Tue

May

Wed

May

Michael Skillin

mikeskillin@gmail.com +1(864) 325-9503

$1,100,000

Est. payment - /mo

19 Beds

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apt. 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 321881

Bedrooms 19

Construction Status 31-50

Annual Tax Amount $9,802

Tax Year 2024

Property Sub-Type Apt. 5+

Property Description

Near 100 Full Occupancies! Near 100 Full Occupancies! Little if Any Deferred Maintenance. Low Maintenance Brick and Vinyl Exteriors Check Out the Cap Rate and Cash-on-Cash! After 21+/- years of profitable ownership, this landlord has decided to retire, presenting a rare opportunity for the new, small apartment owner. These 11 units are comprised of one HUGE 3 BR, 2 bath unit, six LARGE 2 BR, 2 bath units, & four BIG 1 BR, 1 bath units. The 3 BR unit is approximately 1200 square feet! The 2 BR units are approximately 1000 square feet, & 1 BR are approximately 800 square feet. Two buildings, both single story. Low maintenance, vinyl & masonry exterior. The building was built in 1982 on a 2`+/- acre lot. Per Owner, this site has been approved for up to 16 additional units! Located one-half block S.W. of Hwy 76, @ Hwy 72/221/76 bypass. Minutes to I-385 & I-26 at exit #54. The dimensions, rental fees, and prime location of these units have resulted in consistently full occupancy. Close to Presbyterian College, Piedmont Technical, Lander University, interstate Highways, & ample employment. Laurens County TMS 901-32-01-005 Some Seller financing may be available. Call for details. The existing rents are only $650 & up giving a great opportunity to improve returns by raising the rents. Clinton is the center of an urban cluster with a total population of 7,633 and 3141 households (2020 census) and is part of the Greenville-Spartanburg-Anderson Metropolitan Statistical Area. It incorporated as a town in 1852. Clinton is also home of Presbyterian College and Thornwell School and Home for Boys and Girls. Clinton is also noted for its very small-town feel. The city is concentrated around the intersection of U.S. Route 76 and South Carolina Highway 72, south of Spartanburg and northwest of Columbia. Interstate 26 passes through the eastern portions of Clinton, and intersects Interstate 385 in the city's northern outskirts. The Clinton Commercial Historic District, Duncan's Creek Presbyterian Church, and Thornwell-Presbyterian College Historic District are listed on the National Register of Historic Places.

Location

State SC

County Laurens, Sc

Area Laurens County

Interior

Hot Water Electric

Cooling Central Forced

Exterior

Parking Features Two Spaces

Roof Type Architectural,Composition Shingle,Other/See Remarks

Building

Sewer Public Sewer

Water Public Water

Level or Stories One

Structure Type Vinyl Siding

Construction Status 31-50

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District 8 (Outside Co)

Others

Financing Other/See Remarks,Owner May Finance,Possible Exchange

Read Less Info

Listed by CLYDE REALTY LLC

GET MORE INFORMATION

Michael Skillin

+1(864) 325-9503

Broker Associate | License ID: 39180

Broker Associate License ID: 39180

100 Springdale Drive Clinton, SC 29325-0000

Michael Skillin

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION