1 Londonderry Square

Londonderry Square is a unique property that consists of 20 individually deeded properties with their own tax map numbers with Lexington County. There are a total of 10 buildings, each with 2 units. Each unit has an identical floor plan with 2 bedrooms, 1.5 bathrooms, laundry room, and deck for a total of 883 square feet. The buildings are constructed with vinyl siding, vinyl windows, crawl space, and central HVAC. Residents pay for individually metered water, sewer, electric and cable. Owners are responsible for exterior maintenance which is currently $600 twice a month. This is less during winter months. There are no other monthly expenses, or HOA's, in regards to maintaining this community, but an HOA can be established. Trash is collected via the City of Cayce which is included in the property taxes. Each home has their own trash and recycling can. Total property taxes across 20 units is $14,860.10/year. POTENTIAL gross rent can be +$22,000/mo @ $1100/unit. Seller will not separate properties.