104 Forest Street

Greenville, SC 29601

Sold Price

$94,000

List Price

$107,900

Closing Date

Aug 22, 2014

MLS

1273146

Status

CLOSED

Beds

8

Full-baths

4

County

Greenville

Type

Multifamily

Year Built

1982

Stories

2

Property Description

This Downtown all brick Quadraplex sits near the Downtown historic Hampton Pickney area where homes are selling for very strong values per square foot. The quad is close to the downtown post office then there is vacant land that runs down to the Reedy River and the Kroc Center and new Tennis Complex which almost all of this land is owned by the City of Greenville. The City has plans for 30 plus acres they hold in this area. These 2 bedroom 1 bath units could be renovated and leased for the time being then sold off as townhomes and sold off for a higher value return per unit after the city develops the property they own. Each unit is 2 bedrooms upstairs with a full bath upstairs and the living space and kitchen is downstairs. Hardwood floors are on the staircase and in the two bedrooms upstairs. I would do stained concrete on the downstairs living space and kitchen floor. The units all need to be gutted and renovated but the brick exterior appears to be solid and in good shape. The units as town homes may bring $130,000 plus per unit once renovated based on other values downtown in this area. Renderings of what the units could like are attached in photo section.

Additional Information

Acres

0.17

Amenities

Other

Exterior

Brick Veneer

Foundation

Slab

Heating

None

Region

076

Roof

Composition

Sewer

Public Sewer

Stories

2

Taxes

$821

Total Units

4

Water

Public

Year Built

1982

property image
864.505.6950

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Listing courtesy of New City Development & Realty. Selling Office: New City Development & Realty.

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