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1007 W Palmetto St - 1007 W. Palmetto St 2 Unit Apartment Building Offered at $325,000 at a 14% Cap Rate Florence, SC 29501
Executive Summary
1933 home sectioned into two living areas. Main house is just under 4,000 square feet with 3 bedrooms and 2.5 baths. The attached apartment is a just over 400 square feet studio with a full bath set up and kitchen. Combined monthly rent is $3600. Currently vacant for sale but easily rentable.
Property Facts
| Price | $325,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $162,500 | Lot Size | 0.65 AC |
| Sale Type | Investment | Building Size | 4,236 SF |
| Cap Rate | 14% | No. Stories | 2 |
| No. Units | 2 | Year Built | 1933 |
| Property Type | Multifamily |
| Price | $325,000 |
| Price Per Unit | $162,500 |
| Sale Type | Investment |
| Cap Rate | 14% |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Lot Size | 0.65 AC |
| Building Size | 4,236 SF |
| No. Stories | 2 |
| Year Built | 1933 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 1 | $2,300 | 3,806 |
| Studios | 1 | $1,300 | 430 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
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1007 W Palmetto St - 1007 W. Palmetto St
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