927 Lemacks StWalterboro, SC 29488

Property Details for 927 Lemacks St

Year built

1975

Lot size

0.49 AC

Property size (Sq ft)

5,168 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional value-add investment opportunity presents a rare chance to acquire a multifamily property in Walterboro, South Carolina. The property, located at 927 N Lemacks St, comprises two buildings situated on a 0.49-acre lot. The main structure is a two-story, Class C apartment building constructed in 1975, offering a total of eight units. Seven of these units are one-bedroom, one-bathroom apartments, ideal for rental income generation. A significant advantage is the recently installed (2023) roof, eliminating a substantial upfront expense. In addition to the apartment building, the property includes a separate two-bedroom, one-bathroom single-family home, presenting further potential for renovation and rental income or resale. The entire property presents a significant opportunity for an investor seeking to add value through renovations and capitalize on the growing Walterboro market. The property's 5,168 square feet and eight units offer substantial potential for increased rental income following improvements. The property's APN is 1630800175. This is a compelling investment for those seeking a hands-on project with considerable upside. The asking price is $399,999.

Location Insight

City

Walterboro

County

Colleton

State

South Carolina

Latitude

32.9101

Longitude

-80.6542

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