For Sale
$297,500

126 Rogers AveHartsville, SC 29550

Renovated Duplex, High ROI Potential

Overview

Added:
Feb 13
Days on market:
51
This fully renovated, two-unit duplex in Hartsville, SC, presents a compelling investment opportunity. Located on a 0.31-acre lot at 126 Rogers Ave (APN 056-02-01-015), this Class A property boasts 2,400 square feet and offers significant value-add potential. Built in 1951 and extensively renovated in 2022, the property features two, two-bedroom, one-bathroom units, each with updated kitchens (granite countertops, stainless steel appliances, in-unit laundry), refinished hardwood floors, stylish bathrooms, and ample parking. Currently operating at 100% occupancy with a stabilized NOI of $21,101 and a 7.09% cap rate, the pro-forma NOI projects to $27,000, representing a 9.08% cap rate. The property is situated in an established neighborhood, steps from Prestwood Lake and Lawton Park, offering residents access to recreational amenities. Zoned R-1, this property is an excellent addition to any investment portfolio. Serious inquiries only; proof of funds or pre-approval required for showings. This is a 1031 exchange eligible property.

Highlights

  • $297,500 asking price for a stabilized, value-add multifamily investment.
  • 7.09% current cap rate, 9.08% pro-forma cap rate.
  • 100% occupancy with $21,101 current NOI and $27,000 pro-forma NOI.
  • Two-unit duplex, 2,400 square feet, built in 1951, renovated in 2022.
  • Located at 126 Rogers Ave, Hartsville, SC 29550, on a 0.31-acre lot, APN 056-02-01-015.
  • Broker co-op available; 1031 exchange eligible.

Property Details for 126 Rogers Ave

Property type
Residential income homes
Square Feet
2,400 SF
Class
A
Year Built/Renovated
1951/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
13,504 SF
Units
2

Location Insight

City
Hartsville
County
Darlington
State
South Carolina
Latitude
34.3812536
Longitude
-80.0787334
126 Rogers Ave, Hartsville, South Carolina

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126 Rogers Ave
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