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Investment Opportunity - 8-Unit Apartment Complex Just Outside City Limits This well-maintained 8-unit apartment building offers immediate income and long-term upside. With 6 one-bedroom units and 2 two-bedroom units, the property features a solid tenant base, low maintenance brick exterior, off-street parking, and tenant-paid electric. Recent updates include new roof and gutters on Building 2 (July 2024), newer windows throughout, and updated wall-mounted HVAC units. An on-site coin-operated laundry helps offset shared costs. Currently generating $72,600 in annual income, the property has market rent potential of $88,800 with low annual operating expenses of just $8,600. Two units are being held vacant for easy showings and are expected to lease quickly in this high-demand rental market. Whether you're a seasoned investor or just expanding your portfolio, this is a turnkey property with upside potential in a quickly growing area. Investor/Broker Open House Thursday 5/15 11a-2p and Saturday 5/17 12p-3p
| DAYS ON MARKET | 16 | LAST UPDATED | 5/14/2025 |
|---|---|---|---|
| YEAR BUILT | 1983 | COUNTY | BERKELEY |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | BERKELEY COUNTY SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Electric |
| LOT | 0.31 acre(s) |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| TAXES | 3904 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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