This 6 lot portfolio in Pickens County presents an exceptional value-add opportunity, featuring two occupied site-built houses and four vacant mobile home lots on ±0.68 acres. Current rental income of $1,490 monthly from the two occupied units demonstrates strong demand, while the four vacant lots could substantially increase the property's income-generating capacity. Easley represents a growing bedroom community that attracts workers seeking affordable living options within commuting distance of larger employment centers. This is an incredible investment opportunity in one of the most exciting asset classes in multifamily real estate.
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Listing courtesy of Joseph A Fuduric, WATERSHED GVL, LLC 864-346-7643
121 Wells Street, Easley, SC, 29642
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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