THIS IS A COMPLETED SALE
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Rental Investment
Previous Page Listing ID#: 96945

Auction Location
Moncks Corner, SC 29461

Auction Dates and TimesSALE IS COMPLETED
Bidding Starts: Friday Nov 9, 9:00 AM Bidding Ends: Thursday Nov 15, 2:00 PM

Auction Type
Online Auction VIEW ONLINE CATALOG

Company Information
Harper Auction and Realty Website: www.harperauctionandrealty.com GoToAuction.com ID#: 1847 View company information and listings

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Listing Terms and Conditions
10% Buyer’s Premium - $5,000 Deposit required to bid/buy. (Check or Wire) - Bid Deposits will be returned immediately to unsuccessful bidders.

Listing Information
This property WILL SELL to the highest bidder at or above a minimum bid of $99,000! Original 1900’s solidly built home (main house) with great front porch and circular drive, has tons of charm and curb appeal. Ready for renovation into a real show place, or division into rental units if desired. The property has three efficiency apartments in the rear, all of which can be rented for immediate income. There is plenty of private parking available for the rentals on this huge .85-acre lot. Room remains for a workshop or garden if desired. This property is located next to the Municipal Complex in the heart of Moncks Corner and would provide great rental opportunities for workers engaged in construction activities at Volvo, Nexton, Carnes Crossroads and all the related projects in this high growth area of the county. Now is the time to buy rental property in southwest Berkeley County! Other nearby amenities include Lake Moultrie, Cooper River, Mepkin Abbey and the historic Plantation District of the upper Cooper River Basin The main house contains 1748 sf with 3 bedrooms and 2 baths. The rental apartments are each 1 bedroom/1 bath units ranging from 609-708 sf each. All units are currently vacant in anticipation of the Auction, and are ready for your finishing touches and new tenants. Market rents for the three apartments would be in the $500 - $600 per month range with the main house commanding $1000 or more. Applying a Gross Rent multiplier with a 10-year payout would suggest a market value well over $300,000, but you can buy for YOUR PRICE at Auction! Water & Sewer are public.

Listing Information

This property WILL SELL to the highest bidder at or above a minimum bid of $99,000!

Original 1900’s solidly built home (main house) with great front porch and circular drive, has tons of charm and curb appeal. Ready for renovation into a real show place, or division into rental units if desired. The property has three efficiency apartments in the rear, all of which can be rented for immediate income. There is plenty of private parking available for the rentals on this huge .85-acre lot. Room remains for a workshop or garden if desired. This property is located next to the Municipal Complex in the heart of Moncks Corner and would provide great rental opportunities for workers engaged in construction activities at Volvo, Nexton, Carnes Crossroads and all the related projects in this high growth area of the county. Now is the time to buy rental property in southwest Berkeley County! Other nearby amenities include Lake Moultrie, Cooper River, Mepkin Abbey and the historic Plantation District of the upper Cooper River Basin

The main house contains 1748 sf with 3 bedrooms and 2 baths. The rental apartments are each 1 bedroom/1 bath units ranging from 609-708 sf each. All units are currently vacant in anticipation of the Auction, and are ready for your finishing touches and new tenants. Market rents for the three apartments would be in the $500 - $600 per month range with the main house commanding $1000 or more. Applying a Gross Rent multiplier with a 10-year payout would suggest a market value well over $300,000, but you can buy for YOUR PRICE at Auction! Water & Sewer are public.

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Rental Investment

Harper Auction and Realty

Contact:
Phone:

221 N Live Oak Dr
Moncks Corner, SC 29461

10% Buyer’s Premium - $5,000 Deposit required to bid/buy. (Check or Wire) - Bid Deposits will be returned immediately to unsuccessful bidders.

Listing Details
This property WILL SELL to the highest bidder at or above a minimum bid of $99,000! Original 1900’s solidly built home (main house) with great front porch and circular drive, has tons of charm and curb appeal. Ready for renovation into a real show place, or division into rental units if desired. The property has three efficiency apartments in the rear, all of which can be rented for immediate income. There is plenty of private parking available for the rentals on this huge .85-acre lot. Room remains for a workshop or garden if desired. This property is located next to the Municipal Complex in the heart of Moncks Corner and would provide great rental opportunities for workers engaged in construction activities at Volvo, Nexton, Carnes Crossroads and all the related projects in this high growth area of the county. Now is the time to buy rental property in southwest Berkeley County! Other nearby amenities include Lake Moultrie, Cooper River, Mepkin Abbey and the historic Plantation District of the upper Cooper River Basin The main house contains 1748 sf with 3 bedrooms and 2 baths. The rental apartments are each 1 bedroom/1 bath units ranging from 609-708 sf each. All units are currently vacant in anticipation of the Auction, and are ready for your finishing touches and new tenants. Market rents for the three apartments would be in the $500 - $600 per month range with the main house commanding $1000 or more. Applying a Gross Rent multiplier with a 10-year payout would suggest a market value well over $300,000, but you can buy for YOUR PRICE at Auction! Water & Sewer are public.