610 W Buena Vista Ave, North Augusta, SC
11.92% return
LP:
Video Photos Street View Map
The slide show is now full screen. Push Escape to exit. You can use the left/right arrows and Home/End buttons to navigate the images.
Slideshow image 1
Slideshow image 2

Property Description

***50K SPECIAL!*** Buy this property with $50,000 down! Awesome investment opportunity! Across the street from a beautiful park. Next to new construction apartments. High income, double digit returns on investment. Total of 9 units and a storage area. Close to downtown and shopping. Lots of value in the land. A class area. Main building has a brand new roof. Tons of upside. This property will generate a nice cashflow while appreciating. Great lot for future redevelopment. High population growth in the city and the county. Drive by today! Do not miss out on this one!

Property Information

  • Listing statusActive
  • Property typeMulti Family
  • Total units9
  • Total bedrooms(unknown)
  • Total bathrooms9
  • Building size(unknown)
  • Lot size0.5 acres
  • Year built1949 - 1969
  • CountyAiken County
  • Subdivision
  • ConstructionMASONRY, Frame
  • RoofSHINGLE , SHINGLE
  • Water sourceCity
  • Water disposalSewer
  • Heating(unknown)
  • Cooling(unknown)

Property Financial Summary

  • Asking price $275,000
  • Estimated rehab 1 $0
  • Total investment $275,000
  • Type Actual
  • Gross income (annually) $45,540
  • Operating expenses (annually) $12,771
  • Net income (annually) $32,769
  • Gross return 16.56%
  • Gross income (monthly) $3,795
  • Operating expenses (monthly) $1,064
  • Net income (monthly) $2,731
  • Net return 11.92%

Property Income & Expenses

  • Income
  • 610 QUAD
  • Unit 1: studio / 1 bath $280/month $3,360/year
  • Unit 2: studio / 1 bath $300/month $3,600/year
  • Unit 3: studio / 1 bath $500/month $6,000/year
  • Unit 4: studio / 1 bath $540/month $6,480/year
  • 612 Duplex
  • Unit 1: 1 bed / 1 bath $385/month $4,620/year
  • Unit 2: studio / 1 bath $400/month $4,800/year
  • 612 Single Family House
  • Unit 1: 2 bed / 1 bath $550/month $6,600/year
  • 610 Efficiency
  • Unit EFFICIENCY: studio / 1 bath $340/month $4,080/year
  • 610 WareHouse
  • Unit warehouse: 2 bed / 1 bath $500/month $6,000/year
  • Total $3,795/month $45,540/year
  • Expenses
  • Insurance $223/month $2,671/year
  • Property Taxes $142/month $1,700/year
  • Water and Sewer $267/month $3,200/year
  • Electric bill $267/month $3,200/year
  • Maintenance reserve $167/month $2,000/year
  • Total $1,064/month $12,771/year

Property Questions & Answers

Q: How do I make an offer on this property?
A: Placing an offer is a simple process. All offers must be presented in writing with an escrow deposit of 10% or $5,000, whichever is larger. Escrow has to be sent to the attorney or title company who is handling the file for the this property. Please send us an inquiry and one of our team members will get in touch with you to further assist you. You can also give us a call.

Q: Does this property come with clear title?
A: All our properties come with clear title. We highly recommend you purchase title insurance as well.

Contact Property Agent

You need to have an account to send an inquiry.

Log In Register

Share Listing

Property Flyer

Click here to download the flyer
Copyright by Real Pro, Inc 2019 . All Rights Reserved.