16-Unit Multifamily Investment Opportunity in the heart of Sumter, SC
Located at 237 Broad Street this property consists of two buildings for a combined total of 16 identical two-bedroom, one-bathroom apartment units. The property provides an attractive opportunity for investors seeking stable cash flow with guaranteed rents from Section 8 and low vacancy. Convenient access to major retailers, roadways, the hospital, and a short distance from Shaw AFB enhances long-term desirability in the Sumter rental market.
Features:
• 16 Two Bedrooms | 1 Bathroom Units
• Each unit is appx. 835 square feet
• All brick buildings
• 80% of the electric panels have been updated within the last year
• 80% of appliances and dual window units have been updated within the last year
• Transferrable active termite bond
• Included is a 50X150 cleared and fenced lot located at 332 Love Street