1153 Faile Street
Lancaster, SC
$127,500
Details & Amenities
Great all-brick ranch located in the heart of Lancaster, just minutes from shopping, restaurants, and dining. This home features a traditional layout with original hardwood floors. The property sits on a nicely sized lot with well-maintained landscaping and mature trees.
The current renter has lived in the house for 16 years, and the owner has not raised the rent during their ownership. The current rental rate for a similar 2-bedroom home in the area is $1,100, presenting an excellent opportunity for investors seeking the 1% rule. The roof was replaced about three years ago, the HVAC system is from 2016, and while the age of the water heater is undetermined, all systems are functioning well with no open maintenance requests.
This home is also open to owner-occupied offers. The tenant is on a month-to-month lease and can be given notice before closing.
Agent is owner.
Property Type:
Residential
Map
This property is a listing of Ivy and Trellis LLC.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
© 2024 Canopy MLS. All rights reserved.
Claims of Copyright Infringement & Related Issues (17 USC § 512 et seq.)
Listings courtesy of Canopy MLS as distributed by MLS GRID.
© 2024 Canopy MLS. All rights reserved.
Claims of Copyright Infringement & Related Issues (17 USC § 512 et seq.)