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Listed price in listed location currency (USD).
$985,000

880

MLS® 4392585

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 6720 sqft
Garage 
Taxes 
Days Active 1
Lot Size 0.88 Acres
Approx. Age 1950
Avg. Price Per Sqft $146
MLS® Number 4392585

Property Address: 209 Rickenbacker St, Lancaster, SC, 29720-3301

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity featuring an eight-home single-family rental portfolio in Lancaster, SC. All properties are adjacent to one another on the same street and consist of 2-bedroom, 1-bath residences, offering efficient management and maintenance advantages. The surrounding neighborhood is experiencing continued growth, with several new construction homes nearby and increasing rental rates supporting long-term appreciation potential. The portfolio currently generates approximately $7, 000 in gross monthly rental income and is 100% occupied, with several tenants having resided in the properties for 10 to 20+ years, providing stable occupancy history. Annual expenses include approximately $2, 188 in insurance premiums and $8, 349 in property taxes across all properties. The offering also includes a 20' x 20' storage warehouse located behind 237 Rickenbacker Street, with most contents conveying at closing, as well as the vacant lot situated between the corner and 237 Rickenbacker Street, providing additional value and future potential. Conveniently located within a five-minute walk of the city pool and Wylie Street Park, the properties benefit from nearby recreational amenities. Seller will be present for all showings. Please DO NOT DISTURB TENANTS. Please DO NOT COMMUNICATE WITH THE TENANTS UNDER ANY CIRCUMSTANCES. Seller is a licensed real estate agent.
MLS® Number4392585
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
Basement
DrivewayDriveway, On Street
Garage Spaces
HeatBaseboard
A/CWindow Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 12, 2026List Date
$985,000List Price
  • Commute

Commute

Starting Address
Destination Address
209 Rickenbacker St, Lancaster, SC

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