Unique investment opportunity in the heart of Johnsonville featuring five fully occupied rental units generating approximately $4,525 per month in gross rental income. This property consists of a mix of one-bedroom, two-bedroom, and studio-style units, including a former jail area converted into a one-of-a-kind studio apartment. Current unit mix includes three 1-bedroom/1-bath units, one 2-bedroom/1-bath upstairs unit with washer hookup, and one studio-style unit. All units are occupied on month-to-month leases, offering flexibility for future rent adjustments. Property currently produces approximately $54,300 in annual gross income with an estimated NOI of approximately $36,843 annually. Strong rental history, immediate cash flow, and upside potential make this an excellent opportunity for investors looking to add to their portfolio. Conveniently located near local shops, restaurants, and major routes through Johnsonville.
Johnsonville is located in South Carolina. Johnsonville, South Carolina has a population of 1,170. Johnsonville is less family-centric than the surrounding county with 22.12% of the households containing married families with children. The county average for households married with children is 26.6%.
The median household income in Johnsonville, South Carolina is $44,583. The median household income for the surrounding county is $51,902 compared to the national median of $69,021. The median age of people living in Johnsonville is 41.8 years.
The average high temperature in July is 91.7 degrees, with an average low temperature in January of 32.5 degrees. The average rainfall is approximately 48.5 inches per year, with 1.1 inches of snow per year.
