$1,301,000
$1,250,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
708 Cashua ST Darlington, SC 29532
Key Details
Sold Price $1,301,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 30795759
Sold Date 06/02/22
Year Built 1964
Property Sub-Type Multi Family
Property Description
Twenty (20) Single Family Residences and two (2) Duplexes are being sold as a PACKAGED RENTAL PORTFOLIO, sold in as-is/where is condition, all located in Darlington, SC (708 Cashua is part of the portfolio sale and Catylist requires an address). Several of the properties have updated roofs and updated HVAC systems. The rents for each of these properties have not been increased for some time. Therefore, there is significant upside here over and above the current $130K Gross Operating Income. See info attached for fair market rent data to understand the upside better. The majority of the homes are located in the City of Darlington. Sellers will NOT break up the sale...all properties MUST BE PURCHASED TOGETHER. Feel free to drive by each property, but do not roam around on the properties or talk to tenant residents. All contracts require letter signed by bank officer stating buyer is qualified to buy or documented proof of funds. All leases are month-to-month. Additional data available with signed Confidentiality Agreement.
Location
State SC
County Darlington
Others
Acceptable Financing Cash
Listing Terms Cash
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