201 Morton Avenue Simpsonville, SC $ 1,625,000
201 Morton Avenue
$ 1,625,000
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201 Morton Avenue

Simpsonville, SC, 29681
$ 1,625,000
Baths0.0

Monthly Estimate*

$ 11,351

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Studio

Multi-Family Home for sale in Simpsonville, SC

for $1,625,000. This home was built in 1967 on a lot size of 0.72.

UPDATED: Gross rent has been increased in 2024 to $13,762 per month, and sellers have replaced the iron railing at the quadruplex with a brand new railing! Here is a rare Greenville County investment opportunity - 11 doors (2 duplexes, a triplex, and a quadruplex) cash flowing on a .72 acre lot directly across the street from Simpsonville Elementary School and just 1.5 miles to Downtown Simpsonville! These units have all been updated and well-maintained in recent years with new roofs, new HVAC units, LVP flooring, fresh paint, etc. All units are rented or have a tenant lined up (except for one unit, which is currently being held vacant for showings), and when fully rented (as of February 2024), this property brings in gross income of $13,762, with rents steadily increasing over the years. Other details can be found in the member remarks and associated documents. Opportunities like this one rarely come around, especially in Simpsonville! Don't let this one pass you by!

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Multi-Family Active

Price

$ 1,625,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,379

Style

Apartment

Lot Size

0.72

Year Built

1967

Town/City

Simpsonville

County/Region

Greenville

MLS | Web ID

1517956

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas Heat Pump
Cooling Central Forced Electric
Roof Architectural
Appliances Unit 1: Refrigerator Unit 2: Refrigerator Unit 3: Refrigerator Unit 4: Refrigerator Electric Water Heater Water Heater
Construction Materials Block Vinyl Siding Brick Veneer
Year Built 1967
Levels One
Property SubType Apartment
Community Features None
County Greenville
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
High School Hillcrest
City Simpsonville
Buyer Agent Compensation 2
View Y/N N
Total Units 11
MLS Area 032
Lot Size Square Feet 31363.2
Waterfront Y/N N
Carport Y/N N
Street Name Morton
Elementary School Simpsonville
Tax Annual Amount 8379.16
Middle/Junior High School Hillcrest
Standard Status Active
Occupancy Description Tenant
Buyer Agent Compensation Type %
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Interior
Flooring Unit 1: Dining Kitchen/Breakfast Room Living/Great Room Some Storm Door(s) Refrigerator Vinyl Floor Stand Alone Rng-Electric Unit 2: Dining Kitchen/Breakfast Room Living/Great Room Some Storm Window(
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Unit 2: Some Storm Window(s)
Fireplace Y/N N
Living Area Units Square Feet
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Exterior
Parking Features One Space Two Spaces
Water Source Public
Lot Size Area 31363.2
Foundation Details Crawl Space
Spa N
Lot Size Acres 0.72
Lot Size Units Square Feet
Door Features Unit 1: Some Storm Door(s) Unit 3: Some Storm Door(s) Unit 4: Some Storm Door(s)
Open Parking Y/N N
Horse Y/N N
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* Excluded Features
List By
Stan S Mccune

Listing Agent

Bhhs C Dan Joyner - Midtown

Broker

Affordability Calculator

$12,049
Per Month
94%
6%
0%
Monthly Principal & Interest
$11,351
Monthly Property Taxes
$698
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
331266 Elementary School
331350 Middle School
Hillcrest High School High School
Pricing History
DatePricePrice ChangeDescription
2/1/2024$1,625,000 Listed Price

Map


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201 Morton Avenue, Simpsonville, SC, 29681 is a Multi-Family Home for sale at $1,625,000 with a lot size of 0.72. 201 Morton Avenue is a studio with 0.0 baths and was built in 1967. The property's zip code is 29681 which is in Simpsonville, SC