22 2nd Ave - Amazing STR opportunity in Greenville! 1,538 SF Specialty Building Offered at $339,900 at a 7% Cap Rate in Greenville, SC 29609

Investment Highlights
• Projected 6–7% cap rate potential
• Eligible for short-term rental use with a significant regulatory advantage: property is located in Greenville County and not within Greenville city limits, making city Airbnb restrictions inapplicable
• Fully renovated 3-bedroom, 2.5-bath bungalow with approximately 1,578 SF on a 0.17-acre lot
• Major capital improvements completed, including updates to roofing, electrical, plumbing, flooring, kitchens, and baths, reducing near-term maintenance concerns for investors
• Strong STR, mid-term rental, corporate housing, or traditional rental opportunity
• Minutes from Downtown Greenville and approximately ¼ mile from the Swamp Rabbit Trail, one of the region's premier recreational and tourism amenities
• Located in the desirable Poe Mill/North Main corridor with convenient access to dining, breweries, coffee shops, entertainment venues, and major employment centers
Property Overview
22 2nd Avenue presents a rare investment opportunity in one of Greenville's fastest-growing submarkets. This fully renovated bungalow offers 3 bedrooms, 2.5 bathrooms, and approximately 1,578 square feet of updated living space. Renovations include a modernized kitchen, renovated bathrooms, updated systems, and a functional open-concept layout designed to appeal to both short-term and long-term tenants. The property also features a fenced yard, main-level primary suite, walk-in closet, dedicated laundry area, pantry storage, and off-street parking.
The property's most compelling feature is its location within Greenville County rather than Greenville city limits, allowing investors to capitalize on short-term rental demand without being subject to the City of Greenville's STR restrictions. This unique positioning creates a competitive advantage for operators seeking Airbnb, vacation rental, corporate housing, or furnished rental income strategies.
Situated just minutes from Downtown Greenville and within walking distance of the Swamp Rabbit Trail, the asset benefits from strong tourism demand, continued area growth, and proximity to the amenities that drive both visitor and resident interest. This combination of location, renovation quality, and regulatory flexibility positions 22 2nd Avenue as an attractive cash-flow and appreciation opportunity.