Two-Unit Duplex
118 A/B S Ames St Greenwood, SC 29646
118 A/B S Ames St, Greenwood, SC, 29646
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For Sale
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Well-maintained duplex with two 2-bedroom, 1-bath units, each currently occupied and generating monthly rental income.
Property Size1,500 SF
Price / SF$79.33
Days on Market116
Property Features for 118 A/B S Ames St
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1972
Listing agency
Bluefield Realty
Listed by
Kellar Lawrence · License #SC
Source
Crexi
Added: Mar 30 Updated: Jul 22 at 3:56AM Checked: Jul 22 at 3:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bluefield Realty
Investment Insights
Based on property information with market context.
This well-maintained duplex includes two separate units, each with a functional layout offering 2 bedrooms and 1 bathroom. Both units are currently occupied, providing immediate rental income. The property also has a newer roof described as approximately one year old.
The address is 118 A/B S Ames St in Greenwood, SC, positioned near Uptown Greenwood and close to Lander University as well as shopping and dining.
Designed as a straightforward two-unit residential income property, the duplex offers an investor-friendly configuration with consistent occupancy at the time of listing.
The address is 118 A/B S Ames St in Greenwood, SC, positioned near Uptown Greenwood and close to Lander University as well as shopping and dining.
Designed as a straightforward two-unit residential income property, the duplex offers an investor-friendly configuration with consistent occupancy at the time of listing.
Key Highlights
- Duplex built in 1972 with two 2‑bedroom, 1‑bath units
- Both units are currently occupied and generating $1,445/month total rental income
- Newer roof installed about one year ago, helping reduce near‑term maintenance needs
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 | $15.3k | $10.20 |
| − Vacancy | −$4.7k | −$3.15 |
| EGI | $10.6k | $7.05 |
| − OpEx | −$3.2k | −$2.11 |
| NOI | $7.4k | $4.93 |
1,500 SF · lease $10.20/SF/yr · vacancy 30.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$105.7K
$92.5K – $123.4K
NOI $7,401 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$73.5K
$64.3K – $85.8K
NOI $5,147 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$471.2K
$412.3K – $549.8K
NOI $32,985 @ 7.0% cap · market cap 27.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom, 1-bath units, each currently occupied and generating monthly rental income.
Where is this duplex located?
The property is located at 118 A/B S Ames St Greenwood, SC.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: Duplex built in 1972 with two 2‑bedroom, 1‑bath units; Both units are currently occupied and generating $1,445/month total rental income; Newer roof installed about one year ago, helping reduce near‑term maintenance needs
