For Sale
$339,001

341 Toy LnWoodruff, SC 29388

High-yield duplex, two units, occupied.

Overview

Added:
Dec 11, 2024
Days on market:
115
This meticulously maintained duplex in Woodruff, South Carolina presents a compelling investment opportunity. Located in a rapidly growing area of Spartanburg County, this property offers two units, each featuring two bedrooms and two bathrooms. Currently occupied by tenants, providing immediate cash flow, the duplex boasts a strong 7.81% cap rate and a net operating income (NOI) of $26,460. The asking price is $339,001, with each unit priced at $169,500.50. The total square footage is approximately 2,210 square feet. This property enjoys a convenient location near shopping centers and offers easy access to Interstates 85 and 26. Its proximity to Reidville, Greer, Spartanburg, and Greenville, South Carolina, and a new town center adds to its appeal. Note that the square footage should be independently verified by the buyer. Similar investment opportunities exist in the immediate vicinity, with two additional duplexes (307/309 and 331/333 Toy Lane) also available for purchase. This is an excellent chance to acquire a stable, income-producing asset in a thriving market.

Highlights

  • Well-maintained duplex in high-growth Duncan, SC (Spartanburg County).
  • Two units, each with two bedrooms and two bathrooms; currently tenant-occupied.
  • Excellent location near shopping, with easy access to I-85 and I-26.
  • Close proximity to Reidville, Greer, Spartanburg, and Greenville, SC, and a new town center.
  • Two adjacent duplexes also available for purchase (307/309 and 331/333 Toy Lane).
  • Buyer to verify square footage.

Property Details for 341 Toy Ln

Property type
Square Feet
2,210 SF
Units
2

Location Insight

City
Woodruff
County
Spartanburg
State
South Carolina
Latitude
34.8413199
Longitude
-82.1065972
341 Toy Ln, Woodruff, South Carolina

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341 Toy Ln
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