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209 Rickenbacker Street
Lancaster SC 29720 US

$985,000

Active Listing ID 4392585
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8 bed
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8.00 Bath (8 Full)
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Lot: 0.88 Acres
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Other

$985,000

Active Listing ID 4392585
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209 Rickenbacker Street Exceptional investment opportunity featuring an eight-home single-family rental portfolio in Lancaster, SC. All properties are adjacent to one another on the same street and consist of 2-bedroom, 1-bath residences, offering efficient management and maintenance advantages. The surrounding neighborhood is experiencing continued growth, with several new construction homes nearby and increasing rental rates supporting long-term appreciation potential. The portfolio currently generates approximately $7, 000 in gross monthly rental income and is 100% occupied, with several tenants having resided in the properties for 10 to 20+ years, providing stable occupancy history. Annual expenses include approximately $2, 188 in insurance premiums and $8, 349 in property taxes across all properties. The offering also includes a 20' x 20' storage warehouse located behind 237 Rickenbacker Street, with most contents conveying at closing, as well as the vacant lot situated between the corner and 237 Rickenbacker Street, providing additional value and future potential. Conveniently located within a five-minute walk of the city pool and Wylie Street Park, the properties benefit from nearby recreational amenities. Seller will be present for all showings. Please DO NOT DISTURB TENANTS. Please DO NOT COMMUNICATE WITH THE TENANTS UNDER ANY CIRCUMSTANCES. Seller is a licensed real estate agent.

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Property Features

  • Facts
  • Lot Size: 0.88 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 8
  • Cooling System: Window Unit(s)
  • Heating Fuels: Baseboard

School Information

  • School
  • Brooklyn Springs(Elementary)
  • A.R. Rucker(MiddleSchool)
  • Lancaster(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 985000
  • unparsedaddress: 209 Rickenbacker Street
  • postalcity: Lancaster
  • stateorprovince: SC
  • country: US
  • postalcode: 29720
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.88
  • lotsizeunits: Acres
  • lotsizearea: 0.88
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 34.71635739
  • longitude: -80.77619057
  • listagentfullname: Stacy Johnson
  • listagentemail: stacyjohnsonbelmont@gmail.com
  • listagentkey: 3yd-CMLSNC-39811
  • listagentmlsid: 39811
  • listagentpreferredphone: 7049643695
  • listagentofficephone: 7049643695
  • listofficekey: 3yd-CMLSNC-11323
  • listofficemlsid: 11323
  • disclaimer: Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1950
  • listingcontractdate: 2026-06-12
  • listagenturl: http://premiersouth.net
  • countyorparish: Lancaster
  • parcelnumber: 0081A-0A-031.00
  • elementaryschool: Brooklyn Springs
  • highschool: Lancaster
  • cooling: Window Unit(s)
  • constructionmaterials: Block
  • heating: Baseboard
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway, On Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 2, Bedroom 3, Bedroom 7, Bathroom 3, Bedroom 6, Bedroom 8, Bathroom 1, Bathroom 8, Bedroom 1, Bedroom 2, Bathroom 5, Bathroom 6, Bathroom 4, Bedroom 5, Bathroom 7, Bedroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.77619, 34.71636
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Premier South", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"stacyjohnsonbelmont@gmail.com", "ListBrokerageCity":"Belmont", "ListBrokerageCountry":"US", "ListBrokerageEmail":"sheryl@premiersouth.net", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Premier South", "ListBrokeragePhone":"(704) 829-3518", "ListBrokeragePostalCode":"28012", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"109 S. Main Street", "ListBrokerageWebsiteUrl":"http://premiersouth.net", "ListOfficeAddress1":"109 S Main St ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"11323", "ListOfficeCity":"Belmont", "ListOfficeCountry":"US", "ListOfficeEmail":"sheryl@premiersouth.net", "ListOfficePostalCode":"28012", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Lancaster, SC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/209-Rickenbacker-St_Lancaster_SC_29720_M63365-13623?f=listhub&s=CMLSNC&m=4392585&c=rexren", "MLSModificationTimestamp":"2026-06-12 16:19:07", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"46X72.5X46X75 SPLIT SEE PCL 14-19 & 31", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/12/2026 4:42:30 PM GMT
Source Updated Date: 6/13/2026 12:41:11 PM GMT

Courtesy of: Stacy Johnson, Premier South, stacyjohnsonbelmont@gmail.com

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.