200 Hudson Drive, Florence, SC 29506 - MLS#606350 - Devin Ihme

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$ 1,644,000

Est. payment | -/mo

10 Beds

5 Baths

14,576 SqFt

Save

$ 1,644,000

Est. payment | -/mo

Save

10 Beds

5 Baths

14,576 SqFt

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

Construction Status Resale

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 8 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

Street Surface Paved

Building

Story 1

Foundation Slab

Sewer Public

Water Public

Structure Type Vinyl

Construction Status Resale

Schools

Elementary Schools Florence County Elementary Schools

Middle Schools Florence County Middle Schools

High Schools Florence County High Schools

School District Florence County

Listed by SM Realty & Associates LLC

Devin Ihme

Broker | License ID: 47359

+1(803) 413-3383 | [email protected]

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200 Hudson Drive Florence, SC 29506