140 Eighth ST Active Save Request In-Person Tour Request Virtual Tour
Winnsboro,SC 29180
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,746 sqft
Price per Sqft $114
MLS Listing ID 4287448
Style Traditional
Abv Grd Liv Area 1,746
Year Built 1950
Lot Size 435 Sqft
Acres 0.01
Property Sub-Type Duplex
Property Description
This updated and well-kept duplex is conveniently located within walking distance of downtown Winnsboro's shopping and banking. Each unit includes 2 bedrooms, 1 bath, a living room, a kitchen, a laundry room, and a covered side porch. The property could easily be converted into a single-family residence if desired. Current rents are $1,000/month for Unit 1 and $950/month for Unit 2, generating a total monthly income of $1,950. Tenants pay all utilities, keeping operating costs low. Annual expenses include taxes of $2,608.90 and insurance of just $26/month, resulting in an impressive .098 cap rate with room for growth. With strong demand for quality rental housing in the area, this property is a smart investment or flexible living opportunity. Seller holds an inactive/referral California real estate license.
Location
State SC
County Fairfield
Zoning R1
Interior
Heating Central
Cooling Central Air
Appliance Electric Range,Refrigerator
Laundry Laundry Room
Exterior
Street Surface Dirt,Paved
Garage false
Building
Dwelling Type Site Built
Foundation Crawl Space
Sewer Septic Installed
Water Public
Architectural Style Traditional
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Fairfield Central
Others
Pets Allowed No
Senior Community false
Acceptable Financing Cash,Conventional,Owner Financing
Listing Terms Cash,Conventional,Owner Financing
Special Listing Condition Subject to Lease