Bishop Road, Inman, SC 29349

$985,000
12
BD
8
BA

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List Price
$985,000
MLS
1584520
Status
ACTIVE
Beds
12
Full-baths
8
County
Spartanburg
Type
Multifamily
Year Built
2022
Stories
1

Property Description

Five-unit multifamily investment opportunity in Inman, SC with current scheduled gross rents of $7,500 per month ($90,000 annually). Rent roll consists of three units at $1,500/month, one unit at $1,400/month, and one unit at $1,600/month. The property offers in-place cash flow, diversified unit income, and potential upside through improved operations and rental growth, subject to market conditions. Suitable for investors seeking a small multifamily asset with immediate income and long-term hold potential. This remarkable investment portfolio offers a rare chance to capitalize on two maintained duplexes and a charming standalone home, each boasting 3 bedrooms and 2 baths on over 2.6 acres total. Spartanburg county 3 tax map: 1-39-00-071.04 1-39-00-071.06 1-39-00-071.01 All properly recorded/permitted at the county. Manufactured home is detitled.

Additional Information

Acres
2.60
Amenities
None
Appliances
Electric Water Heater
Elementary School
Inman
Exterior
Vinyl Siding
Foundation
Crawl Space, Slab, Other
Heating
Electric, Heat Pump
High School
Chapman
Lot Dimensions
2.6
Middle School
Mabry
Region
015
Roof
Architectural, Composition
Sewer
Septic Tank
Stories
1
Taxes
$6,537
Total Units
5
Water
Public
Year Built
2022

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Calculator source: Real Geeks

Listing courtesy of Brighten Real Estate Group, LLC.

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