Discover this pair of low maintence duplexes, offering four 1-bedroom, 1 bath apartments, nestled in a rapidly growing area of South Carolina. Constructed with durable block materials, this property ensures minimal maintenance, providing an excellent opportunity for both investors and homeowners seeking passive income. Built with sturdy block materials, the duplex promises longevity and reduced upkeep, allowing for a hassle-free investment. Situated in the heart of South Carolina's Upstate region, the property benefits from the area's robust growth, enhancing its appeal and potential value. Featuring four separate 1-bedroom apartments, these duplexes offers the flexibility to rent out units or live in one! Catering to various investment strategies. Each unit includes access to a private outdoor area, perfect for tenants to relax and enjoy the serene surroundings. Conveniently located near local shops, dining establishments, and recreational facilities, the duplex provides easy access to major highways, ensuring straightforward commutes to neighboring cities. This property presents a unique blend of durability, convenience, and investment potential. Don’t miss the chance to own a piece of South Carolina’s flourishing Upstate region—schedule a viewing today!
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $151,200 | $151,200 | $151,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $108 | $108 | $108 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,006 | $1,005 | $1,275 |
Total Monthly Payment | $1,189 | $1,188 | $1,458 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.