Unlock the potential of this versatile 0. 98-acre lot in the vibrant city of Anderson, South Carolina. Perfectly positioned to accommodate both residential and commercial uses, this prime property offers flexibility for a variety of development opportunities. Whether you're looking to build your dream home or establish a business, this lot provides the ideal foundation for your vision. Potential Uses: Residential: Build your ideal home in a spacious and tranquil setting with ample room for outdoor amenities and landscaping. Commercial: Develop a business with high visibility and accessibility, ideal for retail, office space, or professional services. Mixed-Use: Combine residential and commercial elements for a live-work space or mixed-use development. Highlights: Prime Location: Situated in a growing area of Anderson with excellent access to major roads, local amenities, and community services. Flexible Zoning: Offers the advantage of dual-use potential, catering to both residential and commercial interests. Growth Opportunity: Located in a dynamic area with ongoing development, making it a valuable asset for future growth and investment. Community Benefits: Enjoy the advantages of a well-established neighborhood with access to schools, parks, and shopping, all within close proximity. This 0. 98-acre lot represents a unique opportunity to leverage its dual-use potential in Anderson. Whether you're aiming to create a residential haven or launch a successful business, this property provides the space, location, and flexibility to meet your needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$49,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
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 | $39,920 | $39,920 | $39,920 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $266 | $265 | $337 |
Total Monthly Payment | $341 | $340 | $412 |
* 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.