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Listing Details
MLS Number: 140669
List Price: $239,000
Street #: 14
Address: Green Acres Cr
Virtual Tour/Video: my.matterport.com/show/?m=RU7ZQuWte4c
Property Type: Single Family Detached
Area: Greenwood County - Ware Shoals
Subdivision: GREEN ACRES
City: Ware Shoals
Zip Code: 29692
Year Built: 1958
Apx SqFt Range: 1700-1799
Bedrooms: 4
Total Baths: 2
Fireplace: No
Acreage Range: .50 - .99
Apx Total Acreage: 0.86
Apx Water Frontage:  
Public Remarks: TWO HOMES. ONE PROPERTY. SO MANY POSSIBILITIES! Why choose between buying a home and making a smart financial move when you can do both? This well-maintained duplex offers a unique opportunity to live in one unit while the other helps offset your monthly mortgage payment. With two separate 2-bedroom, 1-bath residences, you can enjoy the benefits of homeownership while creating income right next door. The property is currently 100% occupied, with one unit renting for $1, 075 per month and the other for $1, 175 per month—a combined $2, 250 in monthly rental income. For an owner-occupant, that means the potential to move into one side when available and use rent from the other to help with the cost of homeownership. Imagine building equity in your own property while someone else helps pay the mortgage! This property is equally appealing for multi-generational living. Keep parents, adult children, grandparents, or extended family close while everyone maintains the privacy and independence of their own residence. Two separate living spaces provide the flexibility families increasingly want—together, but not under the same roof. It could also be an excellent solution for a family member who needs to live nearby while maintaining their own kitchen, living space, bedrooms, and entrance. Each unit features a functional layout and hardwood floors, while separate electric and natural gas meters add convenience. Recent plumbing improvements provide additional peace of mind, and the spacious, quiet yard offers room to relax and enjoy the outdoors. For investors, the numbers are already working. The property currently generates $27, 000 in annual gross rental income, with reported NOI of $21, 655 and an approximately 9.06% cap rate. Long-term tenancy, low operating expenses, and existing cash flow make it an attractive option for a traditional investor or potential 1031 Exchange. Live in one. Rent the other. Bring family close. Or keep both producing income. Few properties offer this many options at one address—and at $239, 000, this may be the opportunity that makes homeownership, multi-generational living, or your next investment move possible.
IDX
Listing Office Name: Greenwood Realty Inc.
Listing Office Phone1: (M) (864) 388-0202