Rare 6-unit multifamily investment opportunity on approximately one acre in Kingstree! This fully vacant property features two separate residential buildings, giving the next owner the flexibility to renovate, establish rental rates, and lease all six units without existing tenants or leases in place. The main building is configured as four units: three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit with flex space offering potential for additional bedrooms. The second dwelling is a duplex featuring two additional 2-bedroom/1-bath units. The current owner has replaced the roof on the four-unit main building. Per seller, the duplex has also received significant improvements, including rewiring and replacement of the plumbing by a licensed contractor. Roof age on the duplex is unknown. Situated on approximately one acre, the property includes a cleared rear portion that may offer additional possibilities for future use or development, subject to zoning and applicable approvals. Property is being sold as-is. Electrical service is currently turned off; seller is willing to have power restored for inspections. With six vacant units, two separate buildings, recent improvements, and additional land, this property presents an opportunity for an investor to renovate, reposition, and grow their multifamily portfolio while exploring the property's additional potential.
Kingstree is located in South Carolina. Kingstree, South Carolina has a population of 3,244. Kingstree is more family-centric than the surrounding county with 28.89% of the households containing married families with children. The county average for households married with children is 23.83%.
The median household income in Kingstree, South Carolina is $29,330. The median household income for the surrounding county is $40,124 compared to the national median of $69,021. The median age of people living in Kingstree is 40.4 years.
The average high temperature in July is 91.6 degrees, with an average low temperature in January of 32.3 degrees. The average rainfall is approximately 48.2 inches per year, with 1.1 inches of snow per year.
