Exceptional investment opportunity featuring an eight-home single-family rental portfolio in Lancaster, SC. All properties are adjacent to one another on the same street and consist of 2-bedroom, 1-bath residences, offering efficient management and maintenance advantages. The surrounding neighborhood is experiencing continued growth, with several new construction homes nearby and increasing rental rates supporting long-term appreciation potential. The portfolio currently generates approximately $7,000 in gross monthly rental income and is 100% occupied, with several tenants having resided in the properties for 10 to 20+ years, providing stable occupancy history. Annual expenses include approximately $2,188 in insurance premiums and $8,349 in property taxes across all properties. The offering also includes a 20' x 20' storage warehouse located behind 237 Rickenbacker Street, with most contents conveying at closing, as well as the vacant lot situated between the corner and 237 Rickenbacker Street, providing additional value and future potential. Conveniently located within a five-minute walk of the city pool and Wylie Street Park, the properties benefit from nearby recreational amenities. Seller will be present for all showings. Please DO NOT DISTURB TENANTS. Please DO NOT COMMUNICATE WITH THE TENANTS UNDER ANY CIRCUMSTANCES. Seller is a licensed real estate agent.
“Do not disturb tenants and do not knock on the doors”. Recently renovated and Move In Ready! This well-maintained duplex in Lancaster, SC offers a rare opportunity for homeowners & investors. Welcome to 1316 / 1318 Old Landsford Rd! Each unit features 1 bed & 1 full bath, spacious living area, beautiful kitchen & wood laminate floors throughout. Each unit offers a total of 432 square feet of living space. An excellent opportunity to live in one side & rent the other (both units currently rented) or expand your rental portfolio. This property offers flexibility with long-term value. Refrigerator, window units & stove convey with the property. Conveniently located just minutes from Melvin Steele Park, Lancaster Co Parks & Recreation, USC Lancaster, Lancaster hospital & schools. A short drive to Kershaw's Haile gold mine. Located on the outskirts of town with easy access to shopping, dining, medical & located just minutes from downtown Lancaster. Short drive to Rock Hill, Columbia or Charlotte for fun or entertainment. SC Realtor/Broker Owned.
Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Lancaster is located in South Carolina. Lancaster, South Carolina has a population of 8,489. Lancaster is less family-centric than the surrounding county with 14.14% of the households containing married families with children. The county average for households married with children is 28.03%.
The median household income in Lancaster, South Carolina is $29,738. The median household income for the surrounding county is $67,407 compared to the national median of $69,021. The median age of people living in Lancaster is 37 years.
The average high temperature in July is 90.6 degrees, with an average low temperature in January of 29.3 degrees. The average rainfall is approximately 44 inches per year, with 1.7 inches of snow per year.
