1202-1204 Evergreen St - Manufactured Housing/Mobile Housing FOR SALE


Anderson, SC 29625- Downtown Anderson
$250,000 USD
803-205-3260
1202-1204 Evergreen St, Anderson, SC for Sale
$250,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/15
null | Request Cap Rate

1202-1204 Evergreen St
Anderson, SC 29625
Downtown Anderson


HIGHLIGHTS

  • Renovated duplex with strong in-place income
  • Tenants pay all utilities, reducing owner expenses
  • Positioned on ±1.4 acres with development potential
  • Located minutes from Downtown Anderson
  • Each unit leased at $950/month with stable tenancy
  • Opportunity to expand with additional duplexes

OVERVIEW

1202 & 1204 Evergreen Street presents a compelling multifamily investment opportunity just four minutes from Downtown Anderson, SC. This fully renovated duplex spans 1,456 square feet across two identical 2-bedroom, 1-bathroom units, each leased at $950/month. With tenants covering all utilities, the property generates $22,800 in gross annual income while minimizing operating expenses for ownership. Situated on approximately 1.4 acres across two tax parcels, the site offers not only stable cash flow but also future development potential. With city approval, additional duplexes could be added, enhancing long-term returns and portfolio value. The property’s location near downtown Anderson ensures access to local amenities, employment centers, and community services, making it attractive to both tenants and investors. This offering combines updated construction, strong in-place income, and expansion potential in a market where multifamily opportunities of this caliber are increasingly rare. Whether you're seeking immediate yield or a foundation for future growth, Evergreen Street delivers both.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$172 USD /SF

# OF UNITS

2

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

-

APN/PARCEL ID

123-13-16-010,123-13-16-011

ASK ABOUT THIS PROPERTY

Gabe GrammerReedy Property GroupMore Info
803-205-3260

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Gabe GrammerReedy Property GroupMore Info
803-205-3260

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.