51,55,59A,59B Oak Street, Spartanburg, SC 29306

$81,000
3
BD
1
BA
1,094
SqFt
Sold Price
$81,000
List Price
$89,900
Closing Date
Sep 03, 2020
Status
SOLD CO OP MEMBER
MLS
272705
Beds
3
Baths
1
Full Baths
1
Style
Bungalow
County
Spartanburg
Type
Single Family Residential
Year Built
1930
Stories
1

Property Description

PACKAGE DEAL!! 2 homes and a duplex (4 units) - 51, 55, 59A & 59B Oak St. sold together. AWESOME investor opportunity for 4 rentals. 51 Oak St. = $730 month on a month to month lease; 55 Oak St. = was rented for $700, but is currently vacant; 59A Oak St. = upstairs rented for $620 and is on a month to month lease; 59B Oak St. = downstairs rented for $650 and is on a month to month lease. CAP rate at $90,000 is 33% IF 100% occupied (power, water and taxes deducted) and rented out at above-mentioned rents.

Additional Information

Subtype
Single Family
Region
Spartanburg
Status
SOLD CO OP MEMBER
Sq Ft Range
1000-1199
Approximate Age
75+
School District
7
Living Area
1,094
Land Area Acres
0.58
Elementary School
7-Mary Wright
Middle School
7-Carver Jr
High School
7-Spartanburg
Approx Heated Sq Ft Ag
1094
Main Floorof Bedrooms
3
Main Floor Baths
1
Directions
From Spartanburg, head South on 221 (S. Church St.) & T/L onto North St. T/R onto Oak St. Homes on the left. 2 homes and a duplex on two parcels. No sign in yard. PLEASE do not disturb the tenants.
Style
Bungalow
Roof
Composition Shingle
Exterior
Asbestos Shingle
Water
Public Water
Sewer
Septic Tank
Lotdescription
Sloped, Some Trees
Exteriorfeatures
Porch-Front
Specialtyrooms
Main Fl Master Bedroom
Documentsonfile
Lead Based Paint Doc.
Showinginstructions
Appt/Call Center, Lockbox - Combination, No Sign, Tenant Occupied, Vacant
Masterbedroomfeatures
Master on Main Level
Garbagepickup
None, Private
Documentswoffer
"As Is" Addendum, Copy Earnest Money Check, Lead Based Paint Addendum, Pre-Approved Letter
Documentsonfile
Lead Based Paint Doc.
Documentswoffer
"As Is" Addendum, Copy Earnest Money Check, Lead Based Paint Addendum, Pre-Approved Letter
Exterior
Asbestos Shingle
Water
Public Water
Sewer
Septic Tank
Documentsonfile
Lead Based Paint Doc.
Showinginstructions
Appt/Call Center, Lockbox - Combination, No Sign, Tenant Occupied, Vacant
Roof
Composition Shingle

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of PONCE REALTY GROUP -1. Selling Office: COLDWELL BANKER CAINE (HAMET).