200 Hudson Drive Active Save Request In-Person Tour Request Virtual Tour
Florence,SC 29506
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 14,576 sqft
Price per Sqft $112
MLS Listing ID 606350
Bedrooms 10
Full Baths 5
Year Built 1991
Lot Size 1.350 Acres
Property Sub-Type Duplex
Property Description
**Investment Opportunity -Charming Duplex Apartment Complex in Florence, SC**Discover an exceptional investment opportunity with this well-maintained apartment complex featuring 16 spacious duplexes, each designed for comfortable living. Located in the heart of Florence, SC, this property is an investor's dream, offering significant cash flow potential and strong returns.Each duplex consists of 2 bedrooms and 1 bath, thoughtfully designed to maximize space and functionality. Residents will enjoy a welcoming kitchen and cozy living room, perfect for both relaxation and entertaining. The layout appeals to a diverse tenant base, ensuring consistent occupancy and steady rental income.Currently, the complex boasts a remarkable net income of approximately **$119,760**, a substantial increase from its previous gross annual income of **$91,355**. This impressive growth reflects the property's desirability and effective management strategies. With a cap rate of **7%**, this investment presents an attractive opportunity for both seasoned investors and those looking to expand their real estate portfolio.In addition to the duplex complex, the seller is offering three single-family homes in the Florence area, which can be included with this portfolio. All units and homes are **100% occupied**, providing immediate cash flow and further enhancing the investment's appeal.Contact us today to learn more about this exciting opportunity! (803) 319-7776 Disclaimer: CMLS has not reviewed and, the
Location
State SC
County Florence
Area All Others Sc Counties
Interior
Heating Central
Cooling Central
Exterior
Parking Features Unassigned
Garage Spaces 32.0
Pool None
Building
Story 1
Foundation Slab
Sewer Public
Water Public
Structure Type Vinyl
Schools
Elementary Schools Florence County Elementary Schools
Middle Schools Florence County Middle Schools
High Schools Florence County High Schools
School District Florence County