Courtesy of: Page Wade, Keller Williams Palmetto, pagewade@kw.com
Courtesy of: Page Wade, Keller Williams Palmetto, pagewade@kw.com
$200,000
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4 bed
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2.00 Bath (2 Full)
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Lot: 0.01 Acres
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Other
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$200,000
140 Eighth Street This updated and well-kept duplex is conveniently located within walking distance of downtown Winnsboro's shopping and banking. Each unit includes 2 bedrooms, 1 bath, a living room, a kitchen, a laundry room, and a covered side porch. The property could easily be converted into a single-family residence if desired. Current rents are $1, 000/month for Unit 1 and $950/month for Unit 2, generating a total monthly income of $1, 950. Tenants pay all utilities, keeping operating costs low. Annual expenses include taxes of $2, 608.90 and insurance of just $26/month, resulting in an impressive .098 cap rate with room for growth. With strong demand for quality rental housing in the area, this property is a smart investment or flexible living opportunity. Seller holds an inactive/referral California real estate license.
Courtesy of: Page Wade, Keller Williams Palmetto, pagewade@kw.com
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