Investor Alert: Turnkey Rental with 9.7% Cap Rate and Reliable Weekly-Paying Tenant

Highlights:

• Updated & Move-In Ready: Features refinished hardwood floors, fresh paint, and a 2019 roof for worry-free ownership.
• Functional Layout: Includes a spacious living room, an eat-in kitchen, and a primary bedroom with a walk-in closet.
• Additional Structures: A detached storage building and 4-car carport offer ample storage and parking flexibility.
• Generous Lot Size: Situated on a 0.40-acre fenced lot, perfect for outdoor enjoyment or future improvements.
• Utilities & Appliances: The unit comes equipped with a stove, refrigerator, electric water heater, floor furnace, and window A/C.

Description:

Explore this outstanding investment opportunity at 3416 Seneca Avenue in Aiken’s established Westmont neighborhood. This 2-bedroom, 1-bath ranch home is currently rented to a dependable tenant who pays weekly, totaling $1,200 monthly. The property generates a net operating income (NOI) of $12,507 per year, delivering a 9.7% cap rate at the competitive listing price of $129,000.

Tenant Details:

The current tenant pays weekly, is punctual and low-maintenance, and would prefer to stay, making this a plug-and-play investment. However, the lease is month-to-month, so the home is also ideal for a buyer seeking a personal residence.

Versatile Opportunity:

Whether you want to add a stable, income-producing property to your portfolio or secure a charming home in Aiken, this listing checks all the boxes. Its proximity to downtown, shopping, and schools only adds to its long-term appeal.

Contact us today to schedule a showing and secure this high-yield opportunity while it lasts!

Discover the vibrant surroundings of the NW Quadrant of the City of Aiken, SC. This area is rich in culture and offers a blend of modern amenities and historic charm. Just minutes from the property, you'll find the Aiken Center for the Arts, where creativity thrives, and the Aiken County Historical Museum, showcasing the area's fascinating heritage. Take a leisurely stroll through Hopelands Gardens or explore the shops and dining options in the bustling downtown district. With its convenient location near these points of interest, the area provides an ideal setting for an Office / Office Building, offering a balanced lifestyle and a dynamic business environment.

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