1446 Poplar Street Pending Save Request In-Person Tour Request Virtual Tour
Cayce,SC 29033
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 5,250 sqft
Price per Sqft $66
MLS Listing ID 603351
Bedrooms 3
Year Built 1960
Lot Size 0.320 Acres
Property Sub-Type Other
Property Description
Fantastic value add opportunity to turn this into a double digit cap rate property! This property is situated on a corner lot with ample parking, all brick, metal roof was replaced 5 years ago, and individually metered for electric. Conservative market rents would be appx. $6,600 per month. One unit was previously a restaurant and is still set up as such. Another unit was previously a laundromat and could easily be turned to be active again as several large apartment complexes in the area do not have or provide laundry connections. Two units are currently operating as a salon with spa like services. Each units have their own bathroom. Previous owner even looked at turning it into all residential units. Property has a clear and marketable title and is being sold as-is, where-is with buyer to verify all information! Check out this unique opportunity today! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Location
State SC
County Lexington
Area Cayce/West Cola/Airport/S. Congaree
Interior
Heating Other
Cooling Other
Exterior
Parking Features Off Street
Garage Spaces 30.0
Pool None
Building
Story 1
Foundation Slab
Sewer Public
Water Public
Structure Type Brick-All Sides-AbvFound
Schools
Elementary Schools Cayce Elementary
Middle Schools Busbee
High Schools Brookland-Cayce
School District Lexington Two