Blog > Exceptional Investment Opportunity: Fully Occupied Multifamily Property in York, SC
Exceptional Investment Opportunity: Fully Occupied Multifamily Property in York, SC
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If you're on the hunt for a lucrative investment opportunity in the real estate market, look no further than 104 Pinata CT, York, SC 29745. Listed at $699,000, this multifamily property is a gem that promises stable income and substantial growth potential.
Located in the charming town of York, South Carolina, this property comprises eight one-bedroom, one-bath apartments. What sets this listing apart is its current full occupancy status, ensuring immediate rental income from day one. For investors seeking a hassle-free entry into the market, this property offers a seamless transition with its established tenant base.
One of the standout features of 104 Pinata CT is the extensive renovations completed in 2024. Five of the eight units have been fully renovated to modern standards, making them highly attractive to potential renters. These updates not only enhance the living experience for tenants but also increase the property's overall value and appeal.
Additionally, a brand-new roof was installed in November 2024, providing peace of mind for investors concerned about future maintenance costs. This recent upgrade further solidifies the property's readiness for long-term ownership and reduces immediate capital expenditure requirements.
Despite these significant improvements, there remains untapped potential within this multifamily property. The three unrenovated units present an excellent opportunity for value-add investors looking to maximize their returns. By bringing these remaining units up to par with the renovated ones, you can increase rental rates and overall property value.
York's growing real estate market and strong rental demand make this an ideal time to invest in such a property. With its combination of stable income from current tenants and room for further enhancement, 104 Pinata CT stands out as a prime investment opportunity.
Don't miss your chance to capitalize on this exceptional multifamily property in York, SC. Whether you're an experienced investor or new to the market, 104 Pinata CT offers a promising blend of immediate returns and future growth potential. Act now and secure your foothold in this thriving community!