203 Liberty Street
203 Liberty Street
York, SC 29745
$575,000
- Bedrooms:
- Bathrooms:
- Lot Size: 0.72 Acres
Description
Built in 1900 and first used as the County Jail. This property has been converted to 6 apartments and has a long rent history. Current owner purchased 18 years ago. This property has alot of upside potential for the right energetic buyer. Property is in need of TLC in order to unlock its potential. Offered at a 9% cap rate to previous NOI! With market financing this equates to an 11.61% return not including tax deductions for interest or depreciation! Nothing has been done to encourage energy efficiency. The plan is to make units energy efficient and work work tenants to increase rents by the amount of energy cost savings resulting in a higher NOI and future sales price. Owner had self managed and now is moving across Country.
Property Summary
| Property Type: | Residential Income | Property Subtype : | Sixplex |
| Year Built : | 1900 | Construction Type : | Site Built |
| Lot Size : | 0.72 Acres | Living Area : | 7,315 sqft |
Appliances
- Electric Range
- Other
More Information
- Construction : Brick Full
- Roof : Built-Up
- Parking : Parking Lot, None
- Heating : Central
- Cooling : Central Air
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Cash, Other - See Remarks
Based on information submitted to the MLS GRID as of 05-31-2025 01:15:04 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.