3416 Seneca Avenue, Aiken, SC 29801
- $125,000
- 2
- BD
- 1
- BA
- 1,200
- SqFt
- List Price
- $125,000
- MLS#
- 221307
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family Residence
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 1,200
- Lot Size
- 17,424
Property Description
Investor Alert: Turnkey Rental with 10% Cap Rate and Reliable Weekly-Paying Tenant Explore this outstanding investment opportunity at 3416 Seneca Avenue in Aiken's established Westmont neighborhood. This 2-bedroom, 1-bath ranch home is currently rented to a dependable tenant who pays weekly, totaling 1,200 per month. The property generates a net operating income (NOl) of 12,507 per year, delivering a 10% cap rate at the competitive listing price of 125,000. Property Highlights: Updated & Move-In Ready: Features refinished hardwood floors, fresh paint, and a 2019 roof for worry-free ownership Functional Layout. Includes a spacious living room, eat-in kitchen, and a primary bedroom with a walk in closet. Additional Structures: A detached storage building and 4-car carport offer ample storage and parking flexibility Generous Lot Size: Situated on a 0.40-acre fenced lot, perfect for outdoor enjoyment or future improvements. Utilities & Appliances: Comes equipped with a stove, refrigerator, electric water heater, floor furnace, and window A/C The current tenant pays weekly, is punctual and low-maintenance, and would prefer to stay, making this a plug-and-play investment. However the lease is month-to-month, so the home is also idealifor a buyer seeking a personal residence. Versatile Opportunity: Whether you're looking to add a stable, income-producing property to your portfolio or secure a charming home in Aiken, this listing checks all the boxes Its proximity to downtown, shopping, and schools only adds to its long-term appea Contact us today to schedule a showing and secure this high-yield opportunity while it lasts!
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Additional Information
- Elementary School
- Aiken
- Middle School
- Aiken Intermediate 6th-Schofield Middle 7th&8th
- High School
- Aiken
- Year Built
- 1949
- Acres
- 0.40
- Area
- Nw
- Construction Materials
- Drywall
- Basement Description
- None
- Heating
- Floor Furnace
- Interior Features
- Paneling, Ceiling Fan(s), Walk-In Closet(s), Bedroom on 1st Floor, Pantry, Eat-in Kitchen, Cable Internet
- Other Structures
- Shed(s), Outbuilding, Workshop
- Roof
- Shingle
- Style
- Ranch
Mortgage Calculator
Listing courtesy of Meybohm Real Estate - Aiken.