140 Kimball Lane, Unit 0
Property Description
Excellent opportunity to own a fully occupied income-producing quadruplex situated on approximately 3.5 unrestricted acres just outside the Walhalla city limits. This investment property features four 2-bedroom, 1-bath units, each occupied by long-term tenants paying $700 per month, generating a total gross rental income of $2,800 per month. Built on durable slab construction, each unit includes washer hookups, its own HVAC system, and a separate septic tank, providing convenience for tenants and simplified maintenance. The property is served by a master water meter and master power meter, with the landlord currently responsible for water and electricity. An unfinished detached laundry building has already been configured for dryer installation, offering the potential for additional income or tenant amenities. Located off Highway 28 via a 50-foot recorded right-of-way, the property also features natural gas service and backs up to a peaceful creek, providing a scenic setting and additional privacy. With unrestricted acreage, there is ample room for future expansion, additional improvements, or other investment possibilities. Conveniently located near downtown Walhalla while offering easy access to the mountains and all that Oconee County has to offer, this is a rare opportunity for investors seeking immediate cash flow with long-term upside. This is truly a must-see!
Broker Details
John M Powell (864) 638-5879
MLS ID: Cliftop State License Number: 98545
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $310,000 |
| No. of Units: | 4 |
| Opportunity Zone: | No |
| Price per unit: | $77,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-WUARSC-20303290
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