Unique investment opportunity in the heart of Johnsonville featuring five fully occupied rental units generating approximately $4,525 per month in gross rental income. This property consists of a mix of one-bedroom, two-bedroom, and studio-style units, including a former jail area converted into a one-of-a-kind studio apartment. Current unit mix includes three 1-bedroom/1-bath units, one 2-bedroom/1-bath upstairs unit with washer hookup, and one studio-style unit. All units are occupied on month-to-month leases, offering flexibility for future rent adjustments. Property currently produces approximately $54,300 in annual gross income with an estimated NOI of approximately $36,843 annually. Strong rental history, immediate cash flow, and upside potential make this an excellent opportunity for investors looking to add to their portfolio. Conveniently located near local shops, restaurants, and major routes through Johnsonville.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Pee Dee Realtor Association. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.