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Two-Building Income Property

835 Frink Street Cayce, SC 29033

835 Frink Street, Cayce, SC, 29033
$350,000
For Sale
$350,000

MULTI_FAMILY - Cayce, SC

Property Size2,200 SF
Lot Size0.87 Acres
Price / SF$159.09
Days on Market27

Property Features for 835 Frink Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
1
Rooms
Bathroom 1, Bedroom 2, Bedroom 1
Parking
2
Standard status
Active
Size
2,200 SF
Lot size
0.87 Acres

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1945
Floors in Building
1
Number of units
2
Listing agency Southern Visions Realty I LLC
Listed by W Rhett Kelly
Added: Jun 25 Updated: Jun 29 at 11:39PM Checked: Jul 21 at 10:06AM
MLS# 637285

Copyright © 2026 Consolidated MLS, SC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale income property includes two separate buildings on one lot, with zoning identified as M zoning. The front building is listed at 835 Frink Street and offers flexibility for an owner-user or redevelopment, while the rear building at 736 McDuffie Street is currently tenant-occupied.

The rear building is generating $800 per month in rental income, providing immediate cash flow. The property is offered strictly AS IS, WHERE IS.

Located in Cayce, South Carolina (Lexington County), the property’s configuration and M zoning are intended to allow for a range of potential commercial or mixed-use directions. The stated lot size is 0.87 acres, and the listed property size is 2,200 square feet.

Key Highlights

  • Two income‑producing buildings on one property: 835 Frink Street (front) and 736 McDuffie Street (rear).
  • Rear building at 736 McDuffie Street is tenant‑occupied and generating $800/month in rental income.
  • Zoned M, offering flexibility for a range of commercial or mixed‑use possibilities.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $29.0k $13.20
− Vacancy −$1.8k −$0.83
EGI $27.2k $12.37
− OpEx −$12.2k −$5.57
NOI $15.0k $6.80
2,200 SF · lease $13.20/SF/yr · vacancy 6.30% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$213.8K
$187.1K – $249.4K (±1% cap)
NOI $14,966 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$590.9K
$517.0K – $689.3K (±1% cap)
NOI $41,360 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Dental Office Law Firm Auto Parts Store Storage Facility HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom Garden Center Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Two income-producing buildings on one property, with a rear tenant-occupied unit generating $800 per month.
Where is this single family property located?
The property is located at 835 Frink Street Cayce, SC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two income‑producing buildings on one property: 835 Frink Street (front) and 736 McDuffie Street (rear).; Rear building at 736 McDuffie Street is tenant‑occupied and generating $800/month in rental income.; Zoned M, offering flexibility for a range of commercial or mixed‑use possibilities.
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