$1,644,000
bedrooms
0
bathrooms
0
square feet
14,576
Acreage
1.35
Open Houses
-
year built
1991
Full Baths
0
Half Baths
0
**Investment Opportunity -Charming Duplex Apartment Complex in Florence, SC**Discover an exceptional investment opportunity with this well-maintained apartment complex featuring 16 spacious duplexes, each designed for comfortable living. Located in the heart of Florence, SC, this property is an investor's dream, offering significant cash flow potential and strong returns.Each duplex consists of 2 bedrooms and 1 bath, thoughtfully designed to maximize space and functionality. Residents will enjoy a welcoming kitchen and cozy living room, perfect for both relaxation and entertaining. The layout appeals to a diverse tenant base, ensuring consistent occupancy and steady rental income.Currently, the complex boasts a remarkable net income of approximately **$119,760**, a substantial increase from its previous gross annual income of **$91,355**. This impressive growth reflects the property’s desirability and effective management strategies. With a cap rate of **7%**, this investment presents an attractive opportunity for both seasoned investors and those looking to expand their real estate portfolio.In addition to the duplex complex, the seller is offering three single-family homes in the Florence area, which can be included with this portfolio. All units and homes are **100% occupied**, providing immediate cash flow and further enhancing the investment's appeal.Contact us today to learn more about this exciting opportunity! (803) 319-7776 Disclaimer: CMLS has not reviewed and, the
Location | |
Subdivision | - |
County | Florence |
Elementary School | Florence County Elementary Schools |
Middle School | Florence County Middle Schools |
High School | Florence County High Schools |
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MLS number: 606350
Listing agent:
Tammy Lyles
Listing broker:
S&M Realty Of South Carolina
(803) 319-7776
Copyright © 2025 Consolidated MLS, SC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, April 22 2025 at 2:25 p.m. EDT
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