Refinished hardwood floorsEat-in kitchenFloor furnaceFresh paintDetached storage buildingElectric water heater
Investor Alert: Turnkey Rental with 10% Cap Rate and Reliable Weekly-Paying Tenant
Explore this outstanding investment opportunity at 3416 Seneca Avenue in Aiken's established Westmont neighborhood. This 2-bedroom, 1-bath ranch home is currently rented to a dependable tenant who pays weekly, totaling 1,200 per month. The property generates a net operating income (NOl) of 12,507 per year, delivering a 10% cap rate at the competitive listing price of 125,000.
Property Highlights:
Updated & Move-In Ready: Features refinished hardwood floors, fresh paint, and a 2019 roof for worry-free ownership
Functional Layout. Includes a spacious living room, eat-in kitchen, and a primary bedroom with a walk in closet.
Additional Structures: A detached storage building and 4-car carport offer ample storage and parking flexibility
Generous Lot Size: Situated on a 0.40-acre fenced lot, perfect for outdoor enjoyment or future improvements.
Utilities & Appliances: Comes equipped with a stove, refrigerator, electric water heater, floor furnace, and window A/C
The current tenant pays weekly, is punctual and low-maintenance, and would prefer to stay, making this a plug-and-play investment. However the lease is month-to-month, so the home is also idealifor a buyer seeking a personal residence.
Versatile Opportunity:
Whether you're looking to add a stable, income-producing property to your portfolio or secure a charming home in Aiken, this listing checks all the boxes Its proximity to downtown, shopping, and schools only adds to its long-term appea
Contact us today to schedule a showing and secure this high-yield opportunity while it lasts!
220 days
|
291
|
11
|
Zillow last checked:
Listing updated:
Listed by:
The Cline Team803-429-6701,
Meybohm Real Estate - Aiken,
Joshua Lee Cline803-429-6701,
Meybohm Real Estate - Aiken
Source: Aiken MLS,MLS#: 221307
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Primary bedroom
Level: Main
Area: 195
Dimensions: 15 x 13
Bedroom 2
Level: Main
Area: 99
Dimensions: 11 x 9
Dining room
Level: Main
Area: 121
Dimensions: 11 x 11
Family room
Level: Main
Area: 195
Dimensions: 13 x 15
Kitchen
Level: Main
Area: 120
Dimensions: 15 x 8
Heating
Floor Furnace
Cooling
Wall/Window Unit(s)
Appliances
Included: Range, Refrigerator, Electric Water Heater
Features
Walk-In Closet(s), Bedroom on 1st Floor, Ceiling Fan(s), Paneling, Pantry, Eat-in Kitchen, Cable Internet