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27297710
27297697

308 Belvedere Clearwater Rd, Belvedere, SC 29841 For Sale

DM
GA 401159
Meybohm Commercial
Listed by Meybohm Commercial
$389,000
290 days on market
Updated 65 days ago

Fully Leased - 4 unit Multi-Family

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 3,095
Units 4
Cap Rate 7.46%
NOI $29,000
Occupancy 100%
Price per SqFt $126
Class B
Year Built 1960
Buildings 4
Stories 1
Acreage 0.320

Investment portfolio- Fully Leased

Marketing description

NOW AVAILABLE! Your next opportunity to own a cash-flowing fourplex with solid updates and strong rental appeal. This property includes a duplex at 308 Belvedere Clearwater Road plus two additional units behind with access from Verdery Street, including a furnished studio at 314 Verdery Street and a seperate 1 bed and 1 bath home at 312 Verdery Street. All units are tenant-occupied with the owner paying water and landscaping. Tenants cover all other utilities except for the furnished unit at 314 Verdery. Recent upgrades to Units 308 A & B include new bathrooms, mini-split HVAC systems, updated cabinets, flooring, fresh paint, and more, reducing immediate capital needs.

The wooded lot offers ample parking for all tenants and an attractive setting close to downtown North Augusta and just minutes to downtown Augusta — a location with steady rental demand. Whether you're expanding your portfolio or seeking reliable cash flow with upside potential, this property is a turnkey investment in a highly desirable rental market. Reach out today for a copy of the rent roll. DO NOT disturb the tenants, tours will be scheduled once under contract.

Investment highlights

4 fully leased units.

1 furnished rental.

Updated to units 308 A and B. New mini splits installed, flooring, paint, updated bathrooms and more…

Parking on site for tenants.

Fenced yards

Good location

Listing Contacts

DM
GA 401159
Meybohm Commercial
Listed by Meybohm Commercial

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$29,000.00
$2,416.67/mo

Valuation Metrics

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DSCR
7.46%
Cap Rate
7.46%
ROI

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