Charming Duplex in Prime Greenville Location - Income Potential & Owner-Occupant Opportunity! Welcome to #2 & #4 Gay St, a well-maintained duplex nestled between the desirable North Main and Overbrook communities in Greenville, SC. This ranch-style property features two 2-bedroom, 1-bathroom units, each for comfort and convenience. Located in a quiet, established neighborhood, this duplex is less than 5 minutes from downtown Greenville, giving you easy access to all the shopping, dining, and entertainment of the city. The property has been consistently rented, making it an excellent investment opportunity. One unit has been recently updated with modern touches, including newer windows, doors, and an updated HVAC system. The other side boasts a reliable, long-term tenant—ideal for steady rental income. For those looking to occupy, the vacant unit is move-in ready or perfect for generating rental income. Enjoy peace of mind knowing the property has a newer roof, and professional property management is available if needed. This duplex is a rare find with great potential for investors or owner-occupants alike. Don't miss out on this opportunity to own a piece of Greenville in a sought-after location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$204,900
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 | $163,920 | $163,920 | $163,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $157 | $157 | $157 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,118 | $1,089 | $1,382 |
Total Monthly Payment | $1,350 | $1,321 | $1,614 |
* 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.