Perry Rhett Avenue, Greenville, SC, 29601 | $1,485,000

DEVELOPMENT OPPORTUNITY in Downtown Greenville! The City of Greenville Design and Review Board has approved the development of 4 LUXURY TOWNHOMES! The street facing building will have 2 units with carport parking, 2 spaces for each unit, designed with approximately 2550 total heated sq ft for each unit. Both back units are approved with 2 car garages, and approximately 2600 total heated sq ft for each unit. Sewer and Water availability has been confirmed with utility providers. The lot is currently being leased for surface parking and the tenant has been made aware of the project. The lease may be assigned to purchaser at closing. The location is PRIME- 2 and half blocks from Flour Field, and a few blocks up Rhett St the new Trueline music venue is under construction. This property has tons of upside- with proposed new construction projects in the pipeline nearby including the MOSAIC mixed use project with apartments and commercial space along with the Brixton Hall Hotel- a 92-room boutique hotel located on Pendleton St. The MXS3 zoning allows for lodging/short term rentals. Architectural and engineering firm partners are prepared to move forward towards obtaining LDP and building permits timely so that you can break ground Spring 2025!

Features

  • Amenities: None
  • Lot Desc: 1/2 Acre or Less, Business District, Presently Leased, Open Lot
  • Elem. School: Blythe
  • Middle School: Hughes
  • High School: Greenville
  • MLS#: 1543400
  • Days on Market: 11 days
  • Website: https://www.raveis.com
    /prop/1543400/perryrhettavenue_greenville_sc?source=qrflyer
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Listing courtesy of Rosenfeld Realty Group   Phone: 864-561-3557

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Perry Rhett Avenue, Greenville, SC, 29601

$1,485,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,188,000 $1,188,000 $1,188,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.500% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.296% 6.622% 6.680%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,705 $7,509 $10,349
Total Monthly Payment $7,830 $7,634 $10,474

* 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.