798 Kings Road 798 - 800 -802Orangeburg, SC 29115
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Investment Opportunity - Income-Producing Triplex w/ Owner Financing | One Seller is a Licensed RealtorTriplex with three 2 bed, 2 bath units, approx. 900 sq ft each. Two units are rented at $750/month; one is vacant. Two units need updates, and the third requires repairs. Projected market rents are $1,100/unit, offering $3,300/month and $39,600/year in potential income. Estimated NOI is $27,720. Income-based ARV at an 8% cap rate is approx. $346,500. Owner financing available at $275,000 with $100,000 down, 20-year term, 0% interest. A cash offer based on 70% of ARV minus $70,000 in repairs will be considered. Ideal for investors or owner-occupants seeking rental income or a house hack. Seller is motivated and open to creative terms.
| 5 days ago | Listing updated with changes from the MLS® | |
| 5 days ago | Status changed to Pending | |
| a week ago | Price changed to $195,000 | |
| 3 weeks ago | Listing first seen on site |
Listing information is provided by Participants of the CHS Regional MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, CHS Regional MLS.
Last checked: 2025-08-25 09:18 AM UTC
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.