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A great opportunity for rent growth with a cap rate of 7%. This brick front with vinyl siding duplex - 810 & 812 Sandy Bay Road is located in a strong demand rental market in Kingstree, SC. Constructed in 1968, the duplex consists of two units totaling 1596 sq ft. The tenants are on a month-to-month lease. Unit 810 rents for $600.00; Unit 812 for $550.00 per month. The property has a gross rental income of $13,800.00. The tenants have separate meters and pay for all utilities - water and power. Each floor plan includes two bedrooms and one bathroom. The roof was installed approximately five years ago. There is a large welcoming open courtyard between additional multi-family properties available for a package deal.PROPERTY FEATURES
Number of Units : 2
Unit 1 Furnishings : Stove & Refrigerator
Unit 2 Furnishings : Stove & Refrigerator
Water : Public Water
Sewer : Public Sewer
Parking : Off Street
Number of Parking Spaces : 4
Roof : Architectural Shingle
Heating : Central
Cooling : Central Air
Construction : Brick Veneer/Siding
Floors : Carpet,Laminate
PROPERTY DETAILS
Street Address: 812 Sandy Bay Rd
City: Kingstree
State: South Carolina
Postal Code: 29556
County: Williamsburg
MLS Number: 20223017
Year Built: 1968
Courtesy of United Real Estate SC
City: Kingstree
State: South Carolina
Postal Code: 29556
County: Williamsburg
MLS Number: 20223017
Year Built: 1968
Courtesy of United Real Estate SC
Courtesy of National Land Realty
