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Prime Investment Opportunity - Fully Remodeled, Income-Producing DuplexWelcome to 315 E Clark Street in Pinewood, South Carolina, a turnkey duplex offering immediate cash flow and long-term investment potential. This well-maintained property features two tenant-occupied units, each offering 2 bedrooms, 1 full bathroom, and approximately 831 square feet of fully remodeled living space. Recent updates throughout provide modern finishes and move-in-ready homes that appeal to today's rental market. Both units are currently leased at $1, 200 per month each, delivering consistent and reliable rental income from day one. Whether you are a seasoned investor or looking to expand your portfolio, this property offers a solid opportunity with established tenancy already in place. Conveniently located approximately 25 minutes from Sumter and 20 minutes from Manning, the property provides easy access to employment, shopping, and regional amenities while maintaining the benefits of a small-town setting. For investors seeking to scale, 224 E Clark Street is also available for purchase, offering the potential to acquire multiple income-producing properties in close proximity. Opportunities like this don't come oftenschedule your showing today and take the next step in growing your investment portfolio.
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Our Executive Mortgage Banker:
$325,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $260,000 | $260,000 | $260,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.507% | 6.649% | 6.026% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,601 | $1,642 | $2,159 |
| Total Monthly Payment | $1,676 | $1,717 | $2,234 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.