Aiken SC Multi Family for Sale
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.1 Acres
- Year built:
- 1998
- Baths:
- MLS#:
- 214966
ADDITIONAL INFORMATION
These three mobile homes on approximately 1.1 acres close to Interstate 20, making it convenient to Aiken, Augusta, and Columbia. Two of the homes are three bedroom, two bathroom, and one home is two bedroom, two bathroom. The homes are served by a Well; the Landlord pays for the electricity for the well pump; approximately $36 per month. Each home has its own septic tank. The three bedroom homes were renovated approximately two years ago, and the two bedroom home was renovated approximately one year ago. The three bedroom homes rent for $900 per month, and the two bedroom home rents for $1,100 per month. Gross income is $2,900 per month, or $38,400 per year. Property Taxes are approximately $800 per year for the land, and all three homes. Insurance on the property and homes is approximately $1,920 per year. Based upon the current rents, and expenses, this property provides approximately 13.2% Net Operating Income. Given today's rental market in Aike County, there is room for the rents to be increased, and the Net Operating Income to be increased as well. Seller will consider Owner Financing with reasonable down payment.
$449,000
2032 Garnet Lane Aiken, SC 29803
- Type:
- Other
- Sq.Ft.:
- 3,553
- Status:
- Active
- Beds:
- 6
- Lot size:
- 1.53 Acres
- Year built:
- 1978
- Baths:
- 5.00
- MLS#:
- 525964
View additional info
Courtesy: Meybohm Real Estate - Aiken
803-644-1700
ADDITIONAL INFORMATION
Inside pictures are available with qualified buyers with proof of funds or letter of credit. Showings are available exclusively with an acceptable offer. Please respect the privacy of the current tenants. Investment Opportunity- Aiken Southside. Discover the potential of this versatile property zoned RUD. This investment property boasts a myriad of possibilities. Three independent rentals and ample space for further development, this expansive parcel of 1.53 acres offers an array of potential for additional growth. Three Independent Rentals: Currently occupied, these units offer various configurations including one 3-bed/2-bath unit, one 2-bed/2-bath unit, and one 1-bed/1-bath unit. The largest rental has been remodeled approx. 2 years ago, ensuring modern comfort for tenants. Location of units are set back off the main road. There is great open and good parking space, tenants enjoy convenience and accessibility. Good development potential- The property includes an open area approximately 118' x 140' +/- with road frontage, offering endless possibilities for further building developments. Ideal for investors or entrepreneurs seeking to expand or start their real estate portfolio. Income and Growth Potential: With an approximate annual gross income of 40,800, low vacancy rates, growth and expansion potential; this property presents a unique investment opportunity.
The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of the Aiken Board of Realtors. The Aiken Board of Realtors deems information reliable but not guaranteed. Copyright 2025 Aiken Board of REALTORS. All rights reserved.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of G.A.A.R. - MLS . Real estate listings held by brokerage firms other than Xome are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Copyright 2025 Greater Augusta Association of Realtors MLS. All rights reserved.
Aiken Real Estate
The median home value in Aiken, SC is $296,750. This is higher than the county median home value of $180,800. The national median home value is $338,100. The average price of homes sold in Aiken, SC is $296,750. Approximately 59.95% of Aiken homes are owned, compared to 29.05% rented, while 11% are vacant. Aiken real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Aiken real estate agent to arrange a tour today!
Aiken, South Carolina has a population of 31,516. Aiken is less family-centric than the surrounding county with 19.07% of the households containing married families with children. The county average for households married with children is 25.73%.
The median household income in Aiken, South Carolina is $58,125. The median household income for the surrounding county is $57,572 compared to the national median of $69,021. The median age of people living in Aiken is 46.6 years.
Aiken Weather
The average high temperature in July is 92.1 degrees, with an average low temperature in January of 34.1 degrees. The average rainfall is approximately 47.7 inches per year, with 0.6 inches of snow per year.