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1265 Trojan Road, Cross, SC, 29436 | $650,000
Income-producing investment opportunity with multiple revenue streams in Cross, SC! This 2-acre property near the Diversion Canal between Lake Marion and Lake Moultrie includes a convenience store, liquor store, trailer park, and warehouse/storage building. The property features 4 manufactured homes and 3 campers, all rented month-to-month, generating approximately $6, 000/month in rental income. The store includes two walk-in coolers, drive-thru window, income producing ATM and steady retail sales of lottery, ice, tackle, tobacco, beer, and liquor, and is being sold with existing merchandise and inventory. A 7, 650 sq. ft. warehouse/storage building with electric and water can provide additional income or expansion potential. Owner's apartment at the back of the storeprovides on-site living convenience. Zoned RNC (Rural Neighborhood Commercial), offering flexibility for investors or owner-operators. Buyer to obtain required liquor license and comply with all applicable state ABC regulations. Shown by appointment only--do not enter property without approval.
Features
- Bedrooms: 3
- Units: 8
- Development: 75 - Cross, St.Stephen, Bonneau, Rural Berkeley Cty
- Year Built: 1990
- Approx Sq. Feet: 4,098
- Acreage: 2
- Elem. School: Cross
- Middle School: Cross
- High School: Cross
- MLS#: 26013859
- Days on Market: 9 days
- Website: https://www.raveis.com
/prop/26013859/1265trojanroad_cross_sc?source=qrflyer
Listing courtesy of The Real Estate Firm
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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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
1265 Trojan Road, Cross, SC, 29436
$650,000
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 | $520,000 | $520,000 | $520,000 |
| 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 | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,202 | $3,283 | $4,318 |
| Total Monthly Payment | $3,294 | $3,375 | $4,410 |
* 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