Turn-Key Two-Building Apartment
1626 Baugh Orangeburg, SC 29118
For Sale
$369,500
Six leased apartment units are offered across two well-maintained buildings with individual HVAC and covered porches.
Property Size6,096 SF
Price / SF$60.61
Days on Market9
Property Features for 1626 Baugh
General Information
Standard status
Active
Size
6,096 SF
Property subtype
Apartment
Building Details
Year Built
1987
Listing Agency:
TruHome Realty
(803) 456-4140
Listed By:
Linda Fischer
Source:
Blackstreaminternational
Added: Jul 21
Changed: Jul 25
Last Checked: Jul 29 at 5:07AM
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 TruHome Realty
Investment Insights
Based on property information with market context.
This property is a turn-key multifamily investment featuring six apartment units across two well-maintained buildings. Each unit is configured with 2 bedrooms and 1½ baths, plus an in-unit laundry room. Units also include individual HVAC and city water and sewer services, along with a covered front porch and on-site parking.
The property is not located in city limits. It is described as being conveniently positioned just minutes from shopping and a hospital, with I-26 nearby.
All units are currently leased and producing income, offering an owner the opportunity to acquire a stabilized rental arrangement.
The property is not located in city limits. It is described as being conveniently positioned just minutes from shopping and a hospital, with I-26 nearby.
All units are currently leased and producing income, offering an owner the opportunity to acquire a stabilized rental arrangement.
Key Highlights
- 6 leased apartment units in 2 well‑maintained buildings
- All units currently leased and producing income
- Each unit features 2 bedrooms and 1.5 baths, plus a laundry room
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 | $51.2k | $8.40 |
| − Vacancy | −$11.7k | −$1.91 |
| EGI | $39.5k | $6.49 |
| − OpEx | −$17.8k | −$2.92 |
| NOI | $21.7k | $3.57 |
6,096 SF · lease $8.40/SF/yr · vacancy 22.78% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$310.7K
$271.9K – $362.5K
NOI $21,748 @ 7.0% cap · market cap 5.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$883.2K
$772.8K – $1.03M
NOI $61,821 @ 7.0% cap · market cap 16.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Six leased apartment units are offered across two well-maintained buildings with individual HVAC and covered porches.
Where is this apartment building located?
The property is located at 1626 Baugh Orangeburg, SC.
What is the asking price?
The asking price for this property is $369,500.
What are key features of this property?
This property features: 6 leased apartment units in 2 well‑maintained buildings; All units currently leased and producing income; Each unit features 2 bedrooms and 1.5 baths, plus a laundry room
