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601 Cleveland Street

Greenville, SC 29601
  • $2,456,900
  • STATUS: Active
  • ON SITE: 160 days
  • ID#: 1434929
$2,456,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:
072

School Information

Elementary School:
Middle School:
High School:
Offered by Heidi Putnam of Coldwell Banker Caine/Williams

Description

This listing includes 14 leased units at McDaniel Heights Condos. The rapid appreciation of land in this close to downtown development makes this an excellent long term investment for the savvy investor. The story here is less about current CAP rate and more about appreciation and future potential. Listing includes the following units: One - bedroom units: 9F, 10C, 1A, 13B, 12F, 5D, 5E, 8F, 5F Two - bedroom units: 13C, 4D, 1B, 6C, 13A, 11C Individual units priced at from $140,900 - 222,900 Lease rates range from $750/mo (long-term tenant) to $1050/mo. Leases transfer with sale at closing. Taxes based on 6% rate. Less than 2 miles to Prisma Health System, Swamp Rabbit Trail, Greenville Medical School Campus, and downtown Greenville. This is a thriving area convenient to Greenville Tech, Laurens Rd, Downtown. Great Schools and great opportunity to invest in this area.

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© 2021 Greater Greenville Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or The Robby Brady Team, Allen Tate Realtors. Data last updated 2021-06-21T00:00:58.783.
www.robbybrady.com/homes/113181418
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601 Cleveland Street Greenville, SC 29601

  • Price: $2,456,900
  • Status: Active
  • ID#: 1434929
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Augusta Road
County:
Greenville
Area:
072
Elementary School:
Sara Collins
Middle School:
Hughes
High School:
J. L. Mann
Property Description
This listing includes 14 leased units at McDaniel Heights Condos. The rapid appreciation of land in this close to downtown development makes this an excellent long term investment for the savvy investor. The story here is less about current CAP rate and more about appreciation and future potential. Listing includes the following units: One - bedroom units: 9F, 10C, 1A, 13B, 12F, 5D, 5E, 8F, 5F Two - bedroom units: 13C, 4D, 1B, 6C, 13A, 11C Individual units priced at from $140,900 - 222,900 Lease rates range from $750/mo (long-term tenant) to $1050/mo. Leases transfer with sale at closing. Taxes based on 6% rate. Less than 2 miles to Prisma Health System, Swamp Rabbit Trail, Greenville Medical School Campus, and downtown Greenville. This is a thriving area convenient to Greenville Tech, Laurens Rd, Downtown. Great Schools and great opportunity to invest in this area.
Exterior Features

Approx Lot Dimensions 0X0x0x0 Exterior Finish Brick Veneer Foundation Crawl Space/Slab Parking Per Unit On StreetOne Space Roof Other Stories 1

Interior Features

Cooling System Central ForcedElectric Heating System ElectricFloor Furnace Unit1 Bedrooms 1 Unit1 Features Family Room/DenKitchen/Breakfast RoomDryerRefrigeratorWasherCarpet FloorCeramic Tile FloorHardwood FloorLaminate FlooringStand Alone Rng-Electric Unit1 Full Baths 1 Unit1 Sq Ft 724 Unit2 Bedrooms 1 Unit2 Features Family Room/DenKitchen/Breakfast RoomDryerRefrigeratorWasherCarpet FloorCeramic Tile FloorHardwood FloorLaminate FlooringStand Alone Rng-Electric Unit2 Full Baths 1 Unit2 Sq Ft 696 Unit3 Bedrooms 2 Unit3 Features Family Room/DenKitchen/Breakfast RoomPorch-FrontDryerRefrigeratorWasherCarpet FloorCeramic Tile FloorHardwood FloorLaminate FlooringStand Alone Rng-Electric Unit3 Full Baths 1 Unit3 Sq Ft 914 Unit4 Bedrooms 1 Unit4 Features Family Room/DenKitchen/Breakfast RoomPorch-FrontDryerRefrigeratorWasherCarpet FloorCeramic Tile FloorHardwood FloorLaminate FlooringStand Alone Rng-Electric Unit4 Full Baths 1 Unit4 Sq Ft 696 Water Heater ElectricGas

Property Features

Amenities Include Lawn MaintenanceLightsPet RestrictionsPrivate Roads Approx Age 50+ Auction YN No Docs On File Lead Based Paint Doc.LeasesRestric.Cov/Bi Laws Foreclosure YN No Garbage Pickup Public Hoa YN Yes Multifamily Type Other Separate Utility Meters ElectricGas Sewer Public Short Sale YN No Special Finances None Water Public

Listing information © 2021 Greater Greenville Association of Realtors MLS
Listing provided courtesy of Heidi Putnam of Coldwell Banker Caine/Williams.


© 2021 Greater Greenville Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or The Robby Brady Team, Allen Tate Realtors. Data last updated 2021-06-21T00:00:58.783.
 
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The Robby Brady Team, Allen Tate Realtors
323 Buncombe St
Greenville SC, 29601
Offered by Heidi Putnam of Coldwell Banker Caine/Williams