$575,000
- Beds
- 5
- Baths
- 4.0
- sq ft
- Unknown
401 N Fant St, Anderson, SC 29621
401 N Fant St
Anderson, SC 29621
- 45 days on market
401 N Fant St. is a well-positioned 4-plex investment property located in the booming downtown of Anderson, SC. Recent upgrades/improvements and quality tenants. Three of the four units are on long term leases and average $1,200/month/unit. The other unit is currently being operated as an AirBNB grossing approx. $2,000/month.
-NOI = $50,550 based on an assumption of $5,100/month in gross rental income (discounting AirBNB income to $1,500/month)
-Asking Price = $575,000 = 8.8% cap rate
-Yearly Expenses = $10,650 ($7,350 for property taxes, $2,400 for insurance, $900 for landscaping)
Call with questions or to schedule a showing. Property is tenant occupied so notify listing agent before showing.
Owner is licensed SC Real Estate Broker
Details
Property type
Lot size
Unknown
Price per sq ft
Unknown
Year built
Unknown
Price History
08/02/2024
WesternUpstateMLS #20277890
Listed
$575,000
Schools & Community
Elementary school:
Concord Elem
Middle school:
Mccants Middle
High school:
Tl Hanna High
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Status: Active
Tomo last checked: 09/16/2024 at 3:10 PM
Listing updated: 08/05/2024 at 10:13 AM
Listed by: Max Kinser, McCoy Wright, Inc (24029) Phone #: (864) 224-3503
MLS: WesternUpstateMLS #20277890
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