About 3416 Seneca Avenue
Investor Alert: Turnkey Rental with 10% Cap Rate and Reliable Weekly-Paying Tenant
Explore this outstanding investment opportunity at 8416 Seneca Avenue in Aiken's established Westmont neighborhood. This 2-bedroom, 1-bath ranch home is currently rented to a dependable tenant who pays weekly, totaling 1,200 per month. The property generates a net operating income (NOl) of 12,507 per year, delivering a 10% cap rate at the competitive listing price of 125,000.
Property Highlights:
Updated & Move-In Ready: Features refinished hardwood floors, fresh paint, and a 2019 roof for worry-free ownership
Functional Layout. Includes a spacious living room, eat-in kitchen, and a primary bedroom with a walk in closet.
Additional Structures: A detached storage building and 4-car carport offer ample storage and parking flexibility
Generous Lot Size: Situated on a 0.40-acre fenced lot, perfect for outdoor enjoyment or future improvements.
Utilities & Appliances: Comes equipped with a stove, refrigerator, electric water heater, floor furnace, and window A/C
The current tenant pays weekly, is punctual and low-maintenance, and would prefer to stay, making this a plug-and-play investment. However the lease is month-to-month, so the home is also idealifor a buyer seeking a personal residence.
Versatile Opportunity:
Whether you're looking to add a stable, income-producing property to your portfolio or secure a charming home in Aiken, this listing checks all the boxes Its proximity to downtown, shopping, and schools only adds to its long-term appea
Contact us today to schedule a showing and secure this high-yield opportunity while it lasts!
