103 Gaines Street, Central, SC, 29630 | $324,999

Opportunity meets character in this distinctive downtown property offering space, charm, and exceptional potential. Situated on approximately 1. 74 acres, this 2-story home with a partial finished basement features 2, 425 square feet above grade plus an additional 1, 135 square feet in the basement. Despite its Main Street location, the property offers a sense of privacy, surrounded by mature trees, maintained hedges, and decorative landscaping. Ideally located within a short walk to The Central Roller Mills, restaurants, coffee shops, retail, and event spaces, this home combines convenience with accessibility. Also just a short drive to Clemson. Recent restoration work includes raised ceilings to approximately 12 feet on the main level and 25 feet in the great room, creating an open feel. A rebuilt staircase leads to a versatile loft area with two rooms and a full bath, suitable for office, study, playroom, or potential additional bedrooms. The kitchen features updated cabinetry with ample storage, coffee bar/drink station area, and transom windows throughout the home providing natural light. Outdoor living includes a 316 square foot wraparound porch. Updates include plumbing and electrical (2007), stairwell (2010), porch (2012), water heater (2018/2019), metal roof, and HVAC system. The basement includes exterior double-door access to a patio area and is plumbed for a future bathroom, offering potential for a second living space, in-law quarters, or possible short-term rental use. The lot may have potential to subdivide. Property reflects deferred maintenance consistent with age, and some areas are in the process of renovation. Property sold As-Is, Home will not qualify for traditional financing. This property offers strong potential for buyers seeking a project in a downtown location. If square footage is important, buyer/buyer’s agent to verify.

Features

  • Amenities: None
  • Bedrooms: 2
  • Baths: 3 full / 1 half
  • Laundry: 1st Floor, Laundry Closet
  • Style: Victorian
  • Heating: Natural Gas
  • Cooling: Central Air, Electric
  • Basement: Partially Finished
  • Acreage: 1.74
  • Est. Taxes: $397
  • Lot Desc: 1 - 2 Acres, Other
  • Elem. School: Central
  • Middle School: RC Edwards
  • High School: D. W. Daniel
  • Appliances: Dishwasher, Free-Standing Gas Range, Refrigerator, Microwave, Tankless Water Heater
  • MLS#: 1589292
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/1589292/103gainesstreet_central_sc?source=qrflyer
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Listing courtesy of Coldwell Banker Caine/Williams   Phone: 864-250-2850

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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103 Gaines Street, Central, SC, 29630

$324,999

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $259,999 $259,999 $259,999
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.250% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.313% 6.398% 5.710%
Monthly Tax Payment $33 $33 $33
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,538 $1,601 $2,123
Total Monthly Payment $1,646 $1,709 $2,231

* 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.