9 N Washington Avenue, Greenville, SC 29611

$489,900
8
BD
4
BA

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Sold Price
$489,900
List Price
$489,000
Closing Date
Feb 29, 2024
MLS
1502191
Status
CLOSED
Beds
8
Full-baths
4
County
Greenville
Type
Multifamily
Year Built
1967
Stories
1

Property Description

This listing consists of 2 DUPLEXES on one property which totals 4 UNITS. Unique multifamily opportunity located just 3 minutes from downtown Greenville, SC. This property is a proven income producing opportunity with 2 of the 4 units having been renovated with modern updates, NEW PLUMBING subway tile and luxury vinyl plank flooring in kitchen and bathroom. All 4 units have original hardwood floors and separate washer/dryer hook up, NEW ELECTRICAL. Each unit also boasts a private front porch and paved back patio area. This quadplex is in a prime location, within a short distance to The Village of West Greenville, a trendy art and restaurant scene of West Greenville! The acclaimed Unity Park as well as Urban Wren and Gather Greenville are all only 5 minutes away! Catch a baseball game at Fluor Field which is, you guessed it, also 5 minutes away. This is a unique investor opportunity for someone just starting on the property ladder allowing you to live in one unit while having the other tenants offset your monthly expenses as you build equity and security. It is also a prime opportunity for a seasoned investor who wants to add a strong cash-flow property to their portfolio. Conveniently located close to downtown and just a few minutes to major employers in the county; Bon Secours Health System and Prisma Health Greenville Memorial Hospitals. Greenville's multifamily market has experienced outsized rent growth for over 2 years, as both South Carolinians and out of state residents have come to call Greenville home. Over the past year alone, about $1 Billion was invested into the Greenville multifamily market as both regional and national institutional investors have taken notice of Greenville's potential as an investment hub. This asset is located within 5 miles of many highways, including I-85, giving residents easy access to job centers all over the Upstate SC area. Every unit is individually sub-metered for ALL public utilities. NEW ELECTRICAL IN ALL 4 UNITS NEW PLUMBING IN 2 UNITS ALL 4 UNITS ARE LEASED !!! Seller related to agent.

Additional Information

Acres
0.33
Amenities
Storage
Appliances
Unit 2: Refrigerator, Unit 3: Refrigerator, Electric Water Heater
Elementary School
Hollis
Exterior
Brick Veneer, Vinyl Siding
Foundation
Crawl Space
Heating
Floor Furnace, Natural Gas
High School
Carolina
Lot Dimensions
185 x 75
Middle School
Tanglewood
Region
075
Roof
Architectural
Sewer
Public Sewer
Stories
1
Taxes
$5,517
Total Units
4
Water
Public
Year Built
1967

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Listing courtesy of Shulikov Realty & Associates. Selling Office: EXP Realty LLC.

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