921 Jessica Ave Newberry, SC 29108
This exceptional investment opportunity encompasses twelve properties in Newberry, SC, totaling 6.5 acres. The centerpiece is the Frederick Nance House, a meticulously restored c. 1825 neoclassical mansion designed by Robert Mills, featuring original details and museum-quality furnishings (available for separate purchase). Six occupied and one unoccupied rental properties provide immediate income potential. An additional property serves as the owner's residence, offering further rental possibilities. A large garage and warehouse building add to the versatility. The estate also includes two vacant land parcels. Adjacent is the Eugene Blease House, a 1925 Colonial Revival-style home with over 2,700 square feet, offering additional living space or rental potential. All rental properties underwent renovations to ensure high-quality tenants. This turnkey opportunity allows for preservation of a historic landmark while offering potential for modern updates. The combined tax assessment reflects all twelve properties, including the owner's residence. This is a rare chance to acquire a significant historic estate with substantial income potential. The sale includes the following properties: 519 Boundary St. (343-7-11-1)
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.