1 Londonderry Square, Cayce, SC 29033

$2,650,000
5
BA
List Price
$2,650,000
MLS#
578839
Status
ACTIVE
Days on Market
19
Type
Multifamily
Year Built
1985
City
Cayce
Area
Cayce/West Cola/Airport/S. Congaree
County
Lexington
Neighborhood
No Neighborhood
Bathrooms
5

Property Description

Londonderry Square is a unique property that consists of 20 individually deeded properties with their own tax map numbers with Lexington County. There are a total of 10 buildings, each with 2 units. Each unit has an identical floor plan with 2 bedrooms, 1.5 bathrooms, laundry room, and deck for a total of 883 square feet. The buildings are constructed with vinyl siding, vinyl windows, crawl space, and central HVAC. Residents pay for individually metered water, sewer, electric and cable. Owners are responsible for exterior maintenance which is currently $600 twice a month. This is less during winter months. There are no other monthly expenses, or HOA's, in regards to maintaining this community, but an HOA can be established. Trash is collected via the City of Cayce which is included in the property taxes. Each home has their own trash and recycling can. Total property taxes across 20 units is $14,860.10/year. POTENTIAL gross rent can be +$22,000/mo @ $1100/unit. Seller will not separate properties.

Additional Information

Parking Spaces
40
Total Units
20
Stories
2
School District
Lexington Two
Elementary School
Springdale
Middle School
Fulmer
High School
Airport
Total Heated Square Feet
17660

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Paul Properties Llc.