115/117 Oak Street Greer, SC 29651
MULTI_FAMILY - Greer, SC
- Added:
- May 27, 2026
- Days on Market:
- 48
- Last Refresh:
- Jul 13 at 7:06 pm
Property Features for 115/117 Oak Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Standard status
- Active
- Size
- 2,592 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5147
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2021
- Floors in Building
- 2
Listing agent Jason Shamis License #106126 (843) 971-7977
Listing office Quartermaster Properties LLC 500 W Poinsett St, Simpsonville, SC (864) 479-0008
Listing date May 27, 2026
Copyright © 2026 Spartanburg Association of REALTORS, Inc. 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.
Key Highlights
- Immediate income potential with both units currently leased.
- Like‑new construction (2021) minimizing near‑term maintenance.
- Prime location: Less than five minutes from downtown Greer.
Local Financial Insights For Multifamily LT 5
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 | $39.8k | $15.36 |
| − Vacancy | −$2.2k | −$0.84 |
| EGI | $37.6k | $14.52 |
| − OpEx | −$11.3k | −$4.35 |
| NOI | $26.3k | $10.16 |
