921 Jessica Ave Newberry, SC 29108
- Multifamily properties
- 6.50 lot acres
Current Use by Public Records
- Multifamily properties
Property Details for 921 Jessica Ave
- Lot size
- 6.50 lot acres
- Property type
- Multifamily properties
Description
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)
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newberry
- County
- Newberry
- State
- South Carolina
- Longitude
- -81.6251
- Latitude
- 34.2675
