Active

201 Morton Avenue

Simpsonville SC, 29681

$1,625,000


Active

Condo

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

March 29, 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


Buyer Agency Compensation

2%

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 Stephanie Burger 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 10:44 PM UTC, 3/29/2024

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