401 N Fant Street Anderson SC 29621 MLS #20277827

There are multiple listings for this address:
401 N Fant Street
Anderson, SC, 29621
$575,000
Beds
0 Baths
SqFt
0 Acres
$575,000
401 N Fant Street
Anderson, SC, 29621
401 N Fant St. is a well-positioned 4-plex investment property located in the booming downtown of Anderson, SC. Recent upgrades/improvements and quality tenants. Three of the four units are on long term leases and average $1,200/month/unit. The other unit is currently being operated as an AirBNB grossing approx. $2,000/month.

-NOI = $50,550 based on an assumption of $5,100/month in gross rental income (discounting AirBNB income to $1,500/month)

-Asking Price = $575,000 = 8.8% cap rate

-Yearly Expenses = $10,650 ($7,350 for property taxes, $2,400 for insurance, $900 for landscaping)

Call with questions or to schedule a showing. Property is tenant occupied so notify listing agent before showing.
Owner is licensed SC Real Estate Broker

Property Details

Price:
$575,000
MLS #:
20277827
Status:
Active
Baths:
0
Address:
401 N Fant Street
Type:
Commercial
Subtype:
Special Purpose
Neighborhood:
105andersoncountysc
City:
Anderson
Listed Date:
Jun 20, 2024
State:
SC
ZIP:
29621

Schools

Elementary School:
Concord Elem
Middle School:
Mccants Middle
High School:
Tl Hanna High

Interior

Exterior

Financial

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Jim Miller

Jim Miller

Realtor®

Jim Miller, Realtor and Broker in Charge Hartwell Lake Properties Real Estate Broker licensed in Georgia, South Carolina and North Carolina Member of the Georgia Multiple Listing Service (MLS) Member Western Upstate MLS Member Western Upstate Association of Realtors Member of the National Association of Realtors Your schedule is my schedule Living on Lake Hartwell has been a dream come true. My wife Deanie and our family enjoy the beauty of the nearly 1,000 miles of sh…

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Listing courtesy of Max Kinser @ McCoy Wright, Inc (24029).
broker reciprocity Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Western Upstate MLS. Detailed information about real estate listings held by brokerage firms other than Hartwell Lake Properties – Jim Miller include the name of the listing broker. Neither the listing company nor Hartwell Lake Properties – Jim Miller shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Western Upstate SC. All rights reserved.
Rover IDX
401 N Fant Street
Anderson, SC
401 N Fant Street
Anderson, SC, 29621
$575,000
5 Beds
4 Baths
SqFt
0 Acres
$575,000
401 N Fant Street
Anderson, SC, 29621
401 N Fant St. is a well-positioned 4-plex investment property located in the booming downtown of Anderson, SC. Recent upgrades/improvements and quality tenants. Three of the four units are on long term leases and average $1,200/month/unit. The other unit is currently being operated as an AirBNB grossing approx. $2,000/month.

-NOI = $50,550 based on an assumption of $5,100/month in gross rental income (discounting AirBNB income to $1,500/month)

-Asking Price = $575,000 = 8.8% cap rate

-Yearly Expenses = $10,650 ($7,350 for property taxes, $2,400 for insurance, $900 for landscaping)

Call with questions or to schedule a showing. Property is tenant occupied so notify listing agent before showing.
Owner is licensed SC Real Estate Broker

Property Details

Price:
$575,000
MLS #:
20277890
Status:
Active
Beds:
5
Baths:
4
Address:
401 N Fant Street
Type:
Single Family
Subtype:
Special Purpose
Neighborhood:
105andersoncountysc
City:
Anderson
Listed Date:
Jun 20, 2024
State:
SC
ZIP:
29621

Schools

Elementary School:
Concord Elem
Middle School:
Mccants Middle
High School:
Tl Hanna High

Interior

Exterior

Financial

Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Jim Miller

Jim Miller

Realtor®

Jim Miller, Realtor and Broker in Charge Hartwell Lake Properties Real Estate Broker licensed in Georgia, South Carolina and North Carolina Member of the Georgia Multiple Listing Service (MLS) Member Western Upstate MLS Member Western Upstate Association of Realtors Member of the National Association of Realtors Your schedule is my schedule Living on Lake Hartwell has been a dream come true. My wife Deanie and our family enjoy the beauty of the nearly 1,000 miles of sh…

More About Jim

Mortgage Calculator

 

Map

Similar Listings Nearby