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MLS ID: 606350
For Sale - $1,644,000

About this property

Baths 5
sq2 14576
Lot Size 1.3500 acres
Year Built 1991
DOM 95

Address

Address:
200 Hudson
City:
Florence
Zip Code:
29506
County:
Florence
State:
SC

Features and Amenities

Cooling
Central
Parking
32
Foundation
Slab
Stories
1
Water
Public

Description

**Investment Opportunity -Charming Duplex Apartment Complex in Florence, SC**Discover an exceptional investment opportunity with this well-maintained apartment complex featuring 8 spacious duplexes, each designed for comfortable living. Located in the heart of Florence, SC, this property is an investor's dream, offering significant cash flow potential and strong returns.Each duplex consists of 2 bedrooms and 1 bath, thoughtfully designed to maximize space and functionality. Residents will enjoy a welcoming kitchen and cozy living room, perfect for both relaxation and entertaining. The layout appeals to a diverse tenant base, ensuring consistent occupancy and steady rental income.Currently, the complex boasts a remarkable net income of approximately **$119,760**, a substantial increase from its previous gross annual income of **$91,355**. This impressive growth reflects the property’s desirability and effective management strategies. With a cap rate of **7%**, this investment presents an attractive opportunity for both seasoned investors and those looking to expand their real estate portfolio.In addition to the duplex complex, the seller is offering three single-family homes in the Florence area, which can be included with this portfolio. All units and homes are **100% occupied**, providing immediate cash flow and further enhancing the investment's appeal.Contact us today to learn more about this exciting opportunity! (803) 319-7776 Disclaimer: CMLS has not reviewed and, the

Schools

Name Address Phone Type Grade
Child Development Center at Woods Road 301 South Dargan Street 8437996006 Public PK-PK SPED
Name Address Phone Type Grade
Florence 1, 2, 3, 4 & 5 Adult Education 500 South Dargan Street 8437586411 Public SPED
Name Address Phone Type Grade
Henry Timrod Elementary 1901 East Old Marion Highway 8436648454 Public K-5 SPED
Name Address Phone Type Grade
McLaurin Elementary 1400 McMillan Lane 8436648457 Public PK-2 SPED
Name Address Phone Type Grade
Ronald E. McNair Junior High 311 Carver Street 8433748651 Public 7-8 SPED
Name Address Phone Type Grade
Theodore Lester Elementary 3501 East Palmetto Street 8436648459 Public 3-5 SPED
Name Address Phone Type Grade
Wilson High 1411 Old Marion Highway 8436648440 Public 9-12 SPED
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Mortgage Calculator

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Interest Rate as of: Thu, Jul. 17, 2025
$ 1,644,000Home Price
$ 8,600Monthly payment
$ 1,315,200Amount Financed
$ 103,205Annual cost of Loan
$ 3,096,151Total of 360 Payments

Map

SEE THIS PROPERTY

James Schiller

James Schiller

Realtor, Brand Name Real Estate
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200 Hudson, Florence, SC, 29506
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