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  • Price$524,000
  • Beds24
  • Acres9.80

2516 Broadway Lake, Anderson SC, 29621 MLS® #1354555

Multi-Family in None Anderson SC

Great investment opportunity in Anderson county near Broadway Lake. This property is a true 14% cap rate and still has potential for more revenue with additional housing or farm use. Three plots of land that are connected to combine for 9.8 acres with 14 available rentals including houses, mobile homes, and farm land. Owner currently occupies part of property but if total property was converted to rental projected revenue would be $6657 per month. In addition, current farm land could be converted to hold more housing and increase revenue. Great opportunity to live on farm and have tenants pay for your property or as a complete investment. -------------------------------------------------------------------------------------------- General rent roll for property: lot 102 - $200 a month rent lot only lot 104 - $600 a month lot 106 - $600 a month lot 108 - $154 a month rent lot only lot 114 - $615 a month lot 116 - $528 a month lot 200 - $575 a month Field B - $210 a month two horses and barn Field A - $300 currently not rented and used by owner but is larger and has two barns. 2516 A - $475 a month 2516 B - $600 a month 2516 C- $600 currently owner occupied 2516 D- $600 currently owner occupied 2516 E - $600 currently owner occupied --------------------------------------------------------------------------------------------- This property has zero deferred maintenance and is in pristine condition. New owner would be purchasing a turn key investment.

Essential Information

  • MLS® #1354555
  • Price$524,000
  • Bedrooms24
  • Acres9.80
  • TypeMulti-Family
  • Sub-TypeOther
  • StatusActive

Amenities

  • AmenitiesCommon Areas
  • ParkingPaved Driveway, Carport, Garage

Exterior

  • ExteriorVinyl Siding
  • RoofComposition Shingle, Metal
  • FoundationCrawl Space, Slab

Listing Details

  • Listing Agent:John Pack
  • Listing Office:Magnolia Rental Property Mgmt

Community Information

  • Address2516 Broadway Lake
  • SubdivisionNone
  • CityAnderson
  • CountyAnderson
  • StateSC
  • Zip Code29621

Interior

  • HeatingForced Air
  • CoolingCentral Forced
  • StoriesOne

School Information

  • ElementaryAnderson Mill
  • MiddleBelton
  • HighBelton Honea Path

Price Change History for 2516 Broadway Lake, Anderson, SC (MLS® #1354555)

Date Details Price Change
Price Reduced (from $529,000) $524,000 $5,000 (0.95%)
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Listings provided courtesy of the Greater Greenville Association of REALTORS®, Copyright 2017.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information last updated on November 24th, 2017 at 6:46am CST.