606 Highway 29 Bypass

Description

Back On Market at No Fault of Seller. Full inspection report and appraisal available for buyer review. Seller made repairs and has provided a thorough report with photos verifying repair completion. All contingencies met! This well-maintained four-unit property is an exceptional investment opportunity. This property consists of a spacious triplex and a separate single-unit home, all situated on just over half an acre. The property features a triplex with three units consisting of (two) 2-bedroom/1 bath units and (one) 1-bedroom/1 bath, and a (one) 1 bedroom/1 bath cottage stand alone unit offering a versatile rental mix. The triplex boasts a brand-new roof, while the single-unit home features a three-year-old roof. Both buildings have been thoughtfully updated with new flooring, countertops, cabinets, fixtures, fans, and toilets. Additional improvements include new gutters and gutter guards for low-maintenance upkeep. Major systems are in excellent condition, with all HVAC units less than three years old. The sewer mainline was replaced in 2023, offering peace of mind for future owners. The property is also protected under a Centricon termite bond. Perfect for investors seeking immediate rental income with minimal maintenance needs. The 1/1 cottage stand alone is currently leased for $855.00 a month plus water reimbursement to owner. Average water cost is approximately $22.00 a head with additional fees of approximately $58.00 per month for capital, sanitation, storm water, and base fees. Remaining units are currently being marketed for infill. Applications with background checks and employment verification currently under review. Seller reserves the right to continue marketing vacant units for lease and accepting applicants for infilling until closing occurs unless purchaser has a written contract with seller and agrees to a non-refundable deposit of $3,000 to pause the infilling process. All leases will transfer to the new owner with a written addendum in conjunction with a signed contract. Convenient location to Anderson University and Downtown Anderson. Dont miss this incredible opportunity " schedule your showing today!