2706 Whitner St Anderson, SC 29626

This exceptional investment opportunity presents a single-family rental property located at 2706 W Whitner St, Anderson, SC 29626. The property, built in 1986, boasts 840 square feet and sits on a 0.295-acre lot with 70 feet of highway frontage. Currently 100% occupied, this Class C multifamily property generates a substantial net operating income (NOI) of $10,573 annually, translating to a compelling 10.68% capitalization rate. The asking price is $99,000, representing a price per square foot of $117.86 and a price per unit of $99,000. The property features two bedrooms and two bathrooms and is zoned for residential use. This value-add investment presents a strong cash flow potential with a long-term tenant currently paying $1,160 per month. The property's location on Hwy 24 offers excellent visibility and accessibility. This is an ideal opportunity for investors seeking a high-return, low-maintenance rental property in a desirable South Carolina location. The property consists of one building.