Description

Investor opportunity in the Town of Kershaw featuring three permitted residential structures on one parcel, including two single-family homes and one duplex. The property currently produces $1,600 per month in rental income, with one single-family home vacant and ready for renovation. Situated on a 2+ acre lot with paved road frontage, the property offers separate meters, existing rental income, paid septic hookups available at the street, and flexible ownership potential. Additional upside is available through renovation, stabilization, rent increases, and possible future expansion or additional units. Demand for affordable rental housing in Kershaw remains active as lower-cost housing options continue to tighten across the region. This is a true value-add opportunity for landlords, contractors, portfolio buyers, or investors seeking affordable rental housing with existing income and long-term upside. The vacant home needs significant work, and all structures are best suited for an investor prepared for heavy rehab. Properties are being sold as-is. Cash or renovation financing preferred as FHA or VA will not be an option. Buyer to verify rents, condition, zoning, permitted use, utility/septic information, and any future development or upside potential. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

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James Schiller

Realtor, Brand Name Real Estate

Email: [email protected]

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