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MLS ID: 603351
For Sale - $348,000

About this property

sq2 5250
Lot Size 0.3200 acres
Year Built 1960
DOM 50

Address

Address:
1446 Poplar
City:
Cayce
Zip Code:
29033
County:
Lexington
State:
SC

Features and Amenities

Cooling
Other
Foundation
Slab
Stories
3.0, 1
Water
Public

Description

Fantastic value add opportunity to turn this into a double digit cap rate property! This property is situated on a corner lot with ample parking, all brick, metal roof was replaced 5 years ago, and individually metered for electric. Conservative market rents would be appx. $6,600 per month. One unit was previously a restaurant and is still set up as such. Another unit was previously a laundromat and could easily be turned to be active again as several large apartment complexes in the area do not have or provide laundry connections. Two units are currently operating as a salon with spa like services. Each units have their own bathroom. Previous owner even looked at turning it into all residential units. Property has a clear and marketable title and is being sold as-is, where-is with buyer to verify all information! Check out this unique opportunity today! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Schools

Name Address Phone Type Grade
Brookland-Cayce High 1300 State Street 8037915000 Public 9-12 SPED
Name Address Phone Type Grade
Cayce Elementary 515 Bulldog Blvd 8039365500 Public PK-5 SPED
Name Address Phone Type Grade
Cyril B. Busbee Creative Arts Academy 501 Bulldog Boulevard 8037394070 Public 6-8 SPED

Mortgage Calculator

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Interest Rate as of: Thu, Apr. 24, 2025
$ 348,000Home Price
$ 1,841Monthly payment
$ 278,400Amount Financed
$ 22,092Annual cost of Loan
$ 662,759Total of 360 Payments

Map

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James Schiller

James Schiller

Realtor, Brand Name Real Estate
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1446 Poplar, Cayce, SC, 29033
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