Charming and turn-key mixed-use building with both commercial and residential tenants. Immediate cash flow opportunity with value add opportunity with phases 2 and 3 to develop other income producing buildings on the site. Known locally as “The School,” this 16,000 SF property sits on a 3-acre corner lot with excellent road frontage and ample parking. The building retains its original character, featuring gorgeous hardwood floors throughout. Several residential units are already leased, with additional space ready to customize or expand. A long-standing business occupies part of the property, leaving room for additional commercial opportunities. Endless potential in a prime location right in the heart of Laurens!
608 Fleming Street, Laurens, SC, 29360
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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