209 Rickenbacker ST Lancaster, SC 29720
8 Beds
8 Baths
6,720 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Portfolio
Listing Status Active
Purchase Type For Sale
Square Footage 6,720 sqft
Price per Sqft $146
MLS Listing ID 4392585
Bedrooms 8
Full Baths 8
Abv Grd Liv Area 6,720
Year Built 1950
Lot Size 0.880 Acres
Acres 0.88
Lot Dimensions See attachments
Property Sub-Type Portfolio
Property Description
The surrounding neighborhood is experiencing continued growth, with several new construction homes nearby and increasing rental rates supporting long-term appreciation potential. The portfolio currently generates approximately $7,000 in gross monthly rental income and is 100% occupied, with several tenants having resided in the properties for 10 to 20+ years, providing stable occupancy history.
Annual expenses include approximately $2,188 in insurance premiums and $8,349 in property taxes across all properties.
The offering also includes a 20' x 20' storage warehouse located behind 237 Rickenbacker Street, with most contents conveying at closing, as well as the vacant lot situated between the corner and 237 Rickenbacker Street, providing additional value and future potential.
Conveniently located within a five-minute walk of the city pool and Wylie Street Park, the properties benefit from nearby recreational amenities.
Seller will be present for all showings. Please DO NOT DISTURB TENANTS. Please DO NOT COMMUNICATE WITH THE TENANTS UNDER ANY CIRCUMSTANCES. Seller is a licensed real estate agent.
Location
State SC
County Lancaster
Zoning R-6
Interior
Heating Baseboard
Cooling Window Unit(s)
Appliance None
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Street Surface Concrete,Paved
Garage false
Building
Dwelling Type Site Built
Foundation Crawl Space
Sewer Public Sewer
Water City
Structure Type Block
New Construction false
Schools
Elementary Schools Brooklyn Springs
Middle Schools A.R. Rucker
High Schools Lancaster
Others
Pets Allowed Yes
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Undisclosed
Nearby Locations
Broker | Realtor | Team Lead | License ID: 277315
+1(704) 438-8339 | sheila.stgermain@exprealty.com