203 Liberty ST W Save Request In-Person Tour Request Virtual Tour
York,SC 29745
Key Details
Property Type Multi-Family
Sub Type Sixplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 7,315 sqft
Price per Sqft $78
MLS Listing ID 4243332
Style Other
Year Built 1900
Lot Size 0.720 Acres
Property Sub-Type Sixplex
Property Description
Built in 1900 and first used as the County Jail. This property has been converted to 6 apartments and has a long rent history. Current owner purchased 18 years ago.
This property has alot of upside potential for the right energetic buyer. Property is in need of TLC in order to unlock its potential. Offered at a 9% cap rate to previous NOI! With market financing this equates to an 11.61% return not including tax deductions for interest or depreciation!
Nothing has been done to encourage energy efficiency. The plan is to make units energy efficient and work work tenants to increase rents by the amount of energy cost savings resulting in a higher NOI and future sales price.
Owner had self managed and now is moving across Country.
Location
State SC
County York
Zoning C
Interior
Heating Central
Cooling Central Air
Flooring Carpet,Laminate,Tile,Vinyl,Other - See Remarks
Laundry Electric Dryer Hookup,Washer Hookup,None
Exterior
Garage Spaces 12.0
Roof Type Built-Up
Building
Dwelling Type Site Built
Foundation Basement,Permanent,Other - See Remarks
Sewer Public Sewer
Water City
Structure Type Brick Full
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Acceptable Financing Cash,Other - See Remarks
Listing Terms Cash,Other - See Remarks
Special Listing Condition None