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Exceptional high-performing quadplex in the heart of Anderson offering strong, consistent income potential and significant recent upgrades. This well-maintained property features three fully renovated units, showcasing new flooring, updated bathrooms, and new appliances, designed to attract quality tenants and support premium rental rates. It Bring $46, 440/year gross income. Major system improvements include three newer HVAC units for enhanced efficiency and reduced maintenance, along with a tankless water heater providing reliable, energy-efficient hot water. With one unit offering additional value-add potential, investors have the opportunity to further increase rents and maximize returns. Ideally located near shopping, dining, and major roadways, this quadplex benefits from strong rental demand and long-term growth potential. This is a rare opportunity to acquire a cash-flowing asset with both immediate income and upside potential in a desirable rental market. ? Key Highlights: Quadplex (4 units) Strong income-producing property 3 units fully renovated New flooring, updated bathrooms, and new appliances (in renovated units) 3 newer HVAC systems Tankless water heater New flooring Renovated Bathrooms(most of them) Value-add opportunity on remaining unit Prime location in Anderson
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Our Executive Mortgage Banker:
$421,950
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 | $337,560 | $337,560 | $337,560 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $311 | $311 | $311 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,078 | $2,161 | $2,826 |
| Total Monthly Payment | $2,464 | $2,547 | $3,212 |
* 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.