798 Kings

Investment Opportunity - Income-Producing Triplex w/ Owner Financing | One Seller is a Licensed RealtorTriplex with three 2 bed, 2 bath units, approx. 900 sq ft each. Two units are rented at $750/month; one is vacant. Two units need updates, and the third requires repairs. Projected market rents are $1,100/unit, offering $3,300/month and $39,600/year in potential income. Estimated NOI is $27,720. Income-based ARV at an 8% cap rate is approx. $346,500. Owner financing available at $275,000 with $100,000 down, 20-year term, 0% interest. A cash offer based on 70% of ARV minus $70,000 in repairs will be considered. Ideal for investors or owner-occupants seeking rental income or a house hack. Seller is motivated and open to creative terms.

Essential Information

  • MLS® #25021326
  • Price$275,000
  • Bedrooms6
  • Square Footage900
  • Acres0.30
  • Year Built2006
  • TypeResidential Income
  • StatusActive

Community Information

Amenities

  • Garage Spaces0
  • ParkingOther

Interior

Exterior

  • RoofAsphalt
  • ConstructionBrick

School Information

  • ElementaryBrookdale Elementary
  • HighOrangeburg-Wilkinson High School

Additional Information

Listing Details

  • OfficeKeller Williams Key

LISTED BY Keller Williams Key, (843) 737-6780