10-Unit Apartment Building
101-201 Byrd St and 402 Seaboard Greenwood, SC 29629
101-201 Byrd St and 402 Seaboard, Greenwood, SC, 29629
$600,000
For Sale
$600,000
MULTI_FAMILY - Greenwood, SC
Property Size6,720 SF
Price / SF$89.29
Days on Market492
Property Features for 101-201 Byrd St and 402 Seaboard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 7, Bedroom 1, Bathroom 4, Bedroom 6, Bedroom 8, Bathroom 1, Bedroom 5
- Standard status
- Active
- Size
- 6,720 SF
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1961
- Floors in Building
- 1
- Number of units
- 10
- Building materials
- Vinyl Siding
- Roof type
- Composition
Listing Agency
La Rosa Realty, LLC
(864) 321-2865
441 Workman Kelly Road, Chappells, SC
Listed by
Diane Gillespie · License #39972
(864) 341-7653
Added: Mar 17, 2025 Updated: Jul 11 at 1:30 pm Checked: Jul 21 at 6:06 am
MLS# 132301
Listing URL
Copyright © 2026 Greenwood Association of REALTORS. 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.
The offering is a 10-unit multifamily portfolio in Greenwood, including nine rented units and two vacant lots. Each home is described as having two bedrooms and one bathroom, with siding and central HVAC. The homes are reported to be 672 square feet each. Public remarks also note that several properties have tax sale deeds, and attached information includes additional rent detail.
The portfolio is associated with addresses spanning 101–201 Byrd St and 402 Seaboard in Greenwood, SC 29629, within Greenwood County. The mix of occupied units and two vacant lots provides flexibility for an operator or buyer looking to manage both income-producing homes and additional land within the same collection.
For tenants, the unit mix is consistent across the portfolio, with two-bedroom, one-bath layouts and central heating and cooling as described. For buyers and investors, the property presents a compact multifamily package with documented occupancy and rent ranges ($500 to $750 per public remarks), along with the added opportunity to incorporate the two vacant lots into the overall plan. Any tax deed considerations should be reviewed in detail with the attached materials.
The portfolio is associated with addresses spanning 101–201 Byrd St and 402 Seaboard in Greenwood, SC 29629, within Greenwood County. The mix of occupied units and two vacant lots provides flexibility for an operator or buyer looking to manage both income-producing homes and additional land within the same collection.
For tenants, the unit mix is consistent across the portfolio, with two-bedroom, one-bath layouts and central heating and cooling as described. For buyers and investors, the property presents a compact multifamily package with documented occupancy and rent ranges ($500 to $750 per public remarks), along with the added opportunity to incorporate the two vacant lots into the overall plan. Any tax deed considerations should be reviewed in detail with the attached materials.
Key Highlights
- 10‑unit multifamily portfolio with nine units currently rented
- Each unit is 672 SF, with 2 bedrooms and 1 bath
- All units feature vinyl siding, central air (central HVAC), and a composition roof
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 | $78.2k | $11.64 |
| − Vacancy | −$36.3k | −$5.40 |
| EGI | $41.9k | $6.24 |
| − OpEx | −$18.9k | −$2.81 |
| NOI | $23.1k | $3.43 |
6,720 SF · lease $11.64/SF/yr · vacancy 46.40% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$329.4K
$288.2K – $384.3K
NOI $23,059 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,771 @ 7.0% cap · market cap 24.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - 10-unit multifamily with central HVAC and multiple contracted rentals plus two included vacant lots.
Where is this apartment building located?
The property is located at 101-201 Byrd St and 402 Seaboard Greenwood, SC.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 10‑unit multifamily portfolio with nine units currently rented; Each unit is 672 SF, with 2 bedrooms and 1 bath; All units feature vinyl siding, central air (central HVAC), and a composition roof
