• 201 Morton Simpsonville, SC 29681

  • $1,625,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 31363.2
    Sqft

UPDATED: Gross rent has been increased in 2024 to $13,762 per month, and sellers have replaced the iron railing at the quadruplex with a brand new railing! Here is a rare Greenville County investment opportunity - 11 doors (2 duplexes, a triplex, and a quadruplex) cash flowing on a .72 acre lot directly across the street from Simpsonville Elementary School and just 1.5 miles to Downtown Simpsonville! These units have all been updated and well-maintained in recent years with new roofs, new HVAC units, LVP flooring, fresh paint, etc. All units are rented or have a tenant lined up (except for one unit, which is currently being held vacant for showings), and when fully rented (as of February 2024), this property brings in gross income of $13,762, with rents steadily increasing over the years. Other details can be found in the member remarks and associated documents. Opportunities like this one rarely come around, especially in Simpsonville! Don't let this one pass you by!

Property Type :

APT. 5+

County :

Greenville

Style :

APT. 5+

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Property Details

 

Building Information

Built Year: 1967

Built: 1967

Lot Information

Approx # of Acres: 0.72

Property Information

Subdivision: None

Type: APT. 5+

Class: Multi-Family

Listing Price Information

Original List Price: $1,625,000

Tax Information

Tax ID Number: 0304000401100

School Information

Elementary School: Simpsonville

Junior High School: Hillcrest

Senior High School: Hillcrest

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6 Vintage Oaks, Simpsonville, SC,29681 $129,900 -- -- 1 --
4 Vintage Oaks, Simpsonville, SC,29681 $129,900 -- -- 1 --
00 Bridges, Simpsonville, SC,29681 $495,000 -- -- 1 --
00 Holland, Simpsonville, SC,29681 $495,000 -- -- 1 --
6 Peyton, Simpsonville, SC,29681 $794,900 5 4 4,400 1 Acres
5 Vintage Oaks, Simpsonville, SC,29681 $122,500 -- -- 1 --
2340 & 2404 Woodruff, Simpsonville, SC,29681 $1,250,000 -- -- 3 --
228 Garfield, Simpsonville, SC,29681 $300,000 4 2.5 2,000 1 Acres
00 Highway 146, Simpsonville, SC,29681 $450,000 -- -- 13 --
102 Kingsgate, Simpsonville, SC,29681 $997,000 4 5 4,400 1 Acres

Information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers my be interested in purchasing, the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may at is discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.

ByOwner last updated this listing 05/08/2024 @ 19:03

MLS: 1517956
LISTED BY: Stan McCune, BHHS C Dan Joyner - Midtown
SOURCE: Greenville South Carolina SC
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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