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CALLING ALL INVESTORS! Don’t miss this rare opportunity to acquire a well-maintained, nearly new six-unit multifamily property in the heart of rapidly growing Woodruff, South Carolina. Built less than five years ago, this turnkey 6-plex features six spacious townhomes, with five units currently tenant-occupied. The property includes two end-unit townhomes and four interior townhomes, each offering 3 bedrooms and 2. 5 bathrooms. Situated on approximately half an acre, the community provides 13 dedicated parking spaces and a private centralized mailbox area for residents. Location is a major advantage. The property is positioned along the sidewalk and just a one-minute walk from Main Street, offering convenient access to Woodruff’s expanding selection of restaurants, coffee shops, shopping, and entertainment. The new BMW battery plant is located less than one mile away, further supporting continued growth and strong demand for quality rental housing in the area. With its newer construction, high occupancy, desirable floor plans, ample parking, and proximity to major employment and downtown amenities, this property offers an exceptional opportunity for investors seeking a potentially lucrative, income-producing asset in one of the Upstate’s fastest-growing communities. Book a showing today!
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Our Executive Mortgage Banker:
$1,250,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | $350 | $350 | $350 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,836 | $5,996 | $8,439 |
| Total Monthly Payment | $6,311 | $6,471 | $8,914 |
* 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.