Active
201 Morton Avenue
Simpsonville SC, 29681
$1,625,000
Active
Condos
Built in 1967
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!
1517956
MLSⓇ ID
February 1, 2024
Listed
November 22, 2024
Updated
Map
201 Morton Avenue
Simpsonville SC, 29681
Interior Features
Total Stories
1
Appliances
Unit 1: Refrigerator, Unit 2: Refrigerator, Unit 3: Refrigerator, Unit 4: Refrigerator, Electric Water Heater, Water Heater
Floor Description
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(s), Refrigerator, Vinyl Floor, Stand Alone Rng-Electric, Unit 3: Dining, Kitchen/Breakfast Room, Living/Great Room, Some Storm Door(s), Refrigerator, Vinyl Floor, Stand Alone Rng-Electric, Unit 4: Dining, Kitchen/Breakfast Room, Living/Great Room, Some Storm Door(s), Refrigerator, Vinyl Floor, Stand Alone Rng-Electric
Fireplace
No
Cooling
Yes
Cooling Description
Central Forced, Electric
Heating
Yes
Heating Description
Forced Air, Natural Gas, Heat Pump
Exterior/Building Features
Lot Size
0.72 Acres
Roof
Architectural
Sewer
Public Sewer
School Information
High School
Hillcrest
Elementary School
Simpsonville
Other Property Details
Area Name
032
Taxes
$8,379
Tax Frequency
Annually
Garage
No
Parking
One Space, Two Spaces
View
No
County
Greenville
Water Source
Public
Pool
No
Listed by Stan S Mccune, BHHS C Dan Joyner - Midtown, 864-242-6650
Listing data is derived in whole or in part from the Greater Greenville Association of REALTORS® and is for consumers' personal, noncommercial use only. Greater Greenville Association of REALTORS®. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Amanda Holmes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Greater Greenville Association of REALTORS®. All rights reserved.
Data last updated 10:16 PM UTC, 11/22/2024