Unlocking a realm of possibilities, this property at 1306 NE Main Street offers a unique opportunity in an area free from the constraints of an HOA, providing potential unrestricted freedom for your vision. Perfectly perched on the cusp of Mauldin into Simpsonville and with ongoing development in the surrounding areas, there is potential for rezoning; opening doors to a myriad of possibilities for growth and innovation. Situated on a sprawling 1. 42 acres, between two parcels (. 97 + 0. 44) this residence boasts a charming structure built in the 1950s, offering a nostalgic yet updated touch to its character. There is a lot of versatility to the layout, creating a space for various possibilities for a home, business or a fresh start. Currently, this property seamlessly blends the realms of home and business. Due to its strategic location boasting frontage, this dual-purpose gem has been a reliable source of income for the homeowners. Benefit from the unique advantage of a property that not only offers a comfortable residence but also a lucrative business opportunity, making it a versatile and valuable investment. Hardwood flooring and some newer windows add warmth and character to the living spaces. The living room is large and opens to the dining room which flows seamlessly into the large and open kitchen. On the other side of the home, opposite of the common areas are 3 spacious bedrooms and 2 bathrooms. The property is serviced by sewer and public water, with gas and water lines conveniently positioned at the front of the house, while the sewer connection is at the back. Convenient access is a key feature of this property, as it is surrounded by a driveway that spans from one side to the other. This thoughtful design ensures easy entry and exit, adding to the overall accessibility and functionality of the space. Experience the potential and charm of 1306 NE Main Street, where classic elements meet modern updates, offering a canvas for your vision of home, office or maybe even larger dreams. Embrace the opportunity to create a haven in this evolving and promising location.
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William Raveis Mortgage, LLC
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Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $64 | $64 | $64 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,992 | $3,988 | $5,060 |
Total Monthly Payment | $4,148 | $4,144 | $5,216 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.