600-604 Warley St., Florence, SC
Multi-family for Sale - $785,000 - 8,520 Sq. Ft.
Agent Info
Ross McMillan Coldwell Banker McMillan and Associates |
Property Info
CIMLS# | 1170686 |
Location 600-604 Warley St. Florence SC 29501 | |
Updated | January 25th, 2025 |
Type | Multi-family |
Price | $785,000 |
Building | 8,520 Sq. Ft. |
Property Description
Investment Opportunity: Palmetto Place Apartments – 600 Warley Street, Florence, SC
Presenting an excellent investment opportunity at Palmetto Place Apartments, located at 600 Warley Street, Florence. This property consists of two well-maintained buildings, each with 4,260 square feet of space, providing a total of eight (8) units.
Each unit features:
Two spacious bedrooms One full bathroom Fully-equipped kitchen Open living area Hardwood flooring throughout Stove/oven, refrigerator, washer, dryer, and dishwasher Seven (7) of the eight units are currently leased, generating consistent rental income. The property generates an annual income of $76,000, with significant potential for increased returns through strategic upgrades and improvements.
The parking area is securely fenced with an electric gate, ensuring tenant safety and privacy. Located in a quiet, up-and-coming area of Florence, this is a promising opportunity for both immediate income and long-term growth.
Don’t miss out on this exceptional investment opportunity in a growing market!