2 Peppermint St - Peppermint Duplex
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2 Peppermint St - Peppermint Duplex
2 Unit Apartment Building Offered at $199,000 at a 7.80% Cap Rate in Spartanburg, SC 29303
Executive Summary
Newly renovated duplex in Spartanburg. Really cute units each 1 bed/1bath. Rents for $875 each. Property manager in place. Renovations done in 2022 with new appliances, lvp flooring, kitchen cabinets etc. This is a great add to any portfolio or use as a first investment.
Data Room Click Here to Access
Property Facts
| Price | $199,000 | Property Type | Multifamily |
| Price Per Unit | $99,500 | Lot Size | 0.27 AC |
| Sale Type | Investment | Building Size | 1,372 SF |
| Cap Rate | 7.80% | Average Occupancy | 100% |
| Gross Rent Multiplier | 10.23 | No. Stories | 1 |
| No. Units | 2 | Year Built/Renovated | 1914/2022 |
| Price | $199,000 |
| Price Per Unit | $99,500 |
| Sale Type | Investment |
| Cap Rate | 7.80% |
| Gross Rent Multiplier | 10.23 |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.27 AC |
| Building Size | 1,372 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1914/2022 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $875.00 | - |
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2 Peppermint St - Peppermint Duplex
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