This home generates a monthly income of $2,600. It is currently set up as three apartments and the guest cottage. I would take it back to single family and use the cottage as rental income. This home was built in 1895. It is located on .4 acres in Sumter, South Carolina. The home has original hardwood floors, a cute covered front porch, wood walls and ceilings in some rooms, and tall ceilings. The home does have a new roof. Looks like it needs cosmetic work and updating. Four bedrooms, three bathrooms, and 3,569 square feet. $175,000
Contact Susan W. Osteen with Berkshire Hathaway HS Brabham: 803-775-1201
From the Zillow listing:
ONE OF A KIND INVESTMENT OPPORTUNITY. LIVE OR RENT IN SUMTER’S THRIVING DOWNTOWN HISTORIC AREA-Home and cottage house currently generates $2600 monthly income. (Home has THREE 1-BR apartments and ONE 2-BR apartment.) Property has never been vacant-a popular military rental. Situated on quiet Park Ave across from Memorial Park. Enjoy nice views of the Park from the front porch. New Roof. Electrical-HVAC-Plumbing Pre-Inspected. Electrical Updated in 1983. Structurally Sound-Home just needs Cosmetic Updates So Seller has requested property to be SOLD AS IS. Verification of Funds-cash buyer or pre-approval letter from lender required for showing appt. House Appraised. Great Area to live or invest in. Friendly Neighborhood–DOWNTOWN ENTERTAINMENT/RESTAURANTS/SHOPPING LESS THAN ONE MILE.
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