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101 Burch Drive, Greer, SC, 29651 | $499,900
Fantastic investment opportunity in the heart of Greer! This well-maintained and updated triplex is ideally located just off Wade Hampton Boulevard, offering convenience, visibility, and strong rental potential. Each unit features a one-bedroom layout with a spacious great room and full kitchen, providing comfortable and functional living spaces. One unit is currently occupied by a full-time tenant, offering immediate, stable income. The other two units have been successfully operated as income-producing Airbnbs, creating excellent short-term rental potential for the new owner. Whether you’re looking to expand your investment portfolio, house hack, or convert all units to long- or short-term rentals, this property offers flexibility and opportunity. Recent updates make this property move-in ready and appealing to tenants and guests alike. Prime location close to shopping, dining, and major roadways — all just minutes from downtown Greer. Don’t miss this turnkey, income-producing property in a high-demand area!
Features
- Amenities: None
- Bedrooms: 3
- Baths: 3 full
- Units: 3
- Year Built: 1980
- Heating: Heat Pump
- Cooling: Electric
- Acreage: 0.18
- Est. Taxes: $3,807
- Elem. School: Chandler Creek
- Middle School: Greer
- High School: Greer
- Appliances: Electric Water Heater
- MLS#: 1582591
- Days on Market: 36 days
- Website: https://www.raveis.com
/prop/1582591/101burchdrive_greer_sc?source=qrflyer
Listing courtesy of Laura Simmons & Associates RE Phone: 864-608-1510
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
101 Burch Drive, Greer, SC, 29651
$499,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 |
|
|---|---|---|---|
| Loan Amount | $399,920 | $399,920 | $399,920 |
| 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 | $317 | $317 | $317 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,462 | $2,525 | $3,321 |
| Total Monthly Payment | $2,854 | $2,917 | $3,713 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484