3416 Seneca Avenue

Aiken, SC 29801

About this property

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!

About this property

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!

Features and Additional Information

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$125,000 Active
2 Bed(s)
1
Bath
1,200 sqft

Presented By Coldwell Banker Summit

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Get in touch today! Phone: 1-828-596-8508
Brokerage
Meybohm Real Estate - Aiken
1-803-644-1700
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Area Information

| Aiken County | Westmont

$ 125,000
This listing is play_arrow 45.7% lower than the average in the area
$ 230,000 in the area
1,200 SqFt
This listing is play_arrow 4.5% smaller than the average in the area
1,256 SqFt in the area
$ 104 $/SqFt
This listing is play_arrow 43.1% less than the average in the area
$ 183 $/SqFt in the area
230 days on site
This listing is play_arrow 74.2% above the average in the area
132 days on site in the area

Schools in the Area

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    Elementary School
    Aiken
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    Middle School
    AIKEN MIDDLE SCHOOL
  • turned_in
    High School
    AIKEN HIGH SCHOOL

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Listed By The Cline Group
Brokerage: Meybohm Real Estate - Aiken

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