Triplex with Fenced Rear
7 Edgewood Dr Ware Shoals, SC 29692
New
7 Edgewood Dr, Ware Shoals, SC, 29692
$237,000
For Sale
$237,000
MULTI_FAMILY - Ware Shoals, SC
Property Size2,713 SF
Lot Size0.30 Acres
Price / SF$87.36
Days on Market4
Property Features for 7 Edgewood Dr
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 5
- Standard status
- Active
- Size
- 2,713 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6364
Utilities
- Utilities
- Natural Gas Available
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1958
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Brick
Listing Agency
eXp Realty LLC (Anderson)
(864) 940-3777
515 N Mail St, Greenville, SC
Listed by
Scott Woodbury
(864) 245-6235
Added: Jul 18 Updated: Jul 19 at 11:30 am Checked: Jul 21 at 3:06 am
MLS# 140236
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.
This income-producing triplex offers three 2-bedroom, 1-bath units under one roof. Units A and B feature mirror-image layouts and include hardwood floors in the bedrooms, washer/dryer connections, and an electric range and refrigerator in each kitchen. Unit C has a private rear entrance and an exclusive fenced backyard. All three units share a single water meter, while electric and gas are separately metered to each unit.
The property is centrally served by a central heat and air system, which is present but not currently operational and is being sold as-is. Units A and B are on flexible month-to-month terms, and Unit C is vacant, providing flexibility for the next owner from day one.
The building configuration is straightforward, with three separate doors under one address, making it suitable for buyers seeking a small multifamily setup with individually metered utilities.
The property is centrally served by a central heat and air system, which is present but not currently operational and is being sold as-is. Units A and B are on flexible month-to-month terms, and Unit C is vacant, providing flexibility for the next owner from day one.
The building configuration is straightforward, with three separate doors under one address, making it suitable for buyers seeking a small multifamily setup with individually metered utilities.
Key Highlights
- Income‑producing triplex at 7 Edgewood Drive with three 2‑bedroom, 1‑bath units under one roof
- Units A and B have mirror‑image layouts with hardwood floors in the bedrooms, washer/dryer connections, and kitchen electric range and refrigerator
- Unit C has a private rear entrance plus an exclusive fenced backyard
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 | $27.7k | $10.20 |
| − Vacancy | −$8.6k | −$3.15 |
| EGI | $19.1k | $7.05 |
| − OpEx | −$5.7k | −$2.11 |
| NOI | $13.4k | $4.93 |
2,713 SF · lease $10.20/SF/yr · vacancy 30.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$191.2K
$167.3K – $223.1K
NOI $13,385 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$133.0K
$116.4K – $155.2K
NOI $9,310 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$852.3K
$745.7K – $994.3K
NOI $59,658 @ 7.0% cap · market cap 25.17%
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?
Triplex - Triplex includes three 2-bedroom, 1-bath units with shared water service and separate electric and gas meters.
Where is this triplex located?
The property is located at 7 Edgewood Dr Ware Shoals, SC.
What is the asking price?
The asking price for this property is $237,000.
What are key features of this property?
This property features: Income‑producing triplex at 7 Edgewood Drive with three 2‑bedroom, 1‑bath units under one roof; Units A and B have mirror‑image layouts with hardwood floors in the bedrooms, washer/dryer connections, and kitchen electric range and refrigerator; Unit C has a private rear entrance plus an exclusive fenced backyard
