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**Tri-Plex Investment Opportunity in Orangeburg, SC - Ideal for Student Housing!** Discover an exceptional income-generating property located in the heart of Orangeburg, SC--just minutes from South Carolina State University and Claflin University. This tri-plex is perfectly positioned for student housing or long-term rental income, making it an excellent opportunity for seasoned investors or owner-occupants. The property includes three spacious units, each featuring: - Two 2 bedrooms and 1 bathroom units and one 1 bedroom and 1 bathroom unit- A newer roof providing peace of mind and lower maintenance costs - Strong rental demand due to proximity to universitiesCurrent occupancy status: - Two units are rented, with reliable tenants in place - One unit is vacant, ready for a new tenant or for you to move in and start house-hacking immediately Whether you're looking to build your portfolio or live in one unit while letting the other two cover your mortgage, this tri-plex is a smart move in a growing rental market. Schedule your private showing today and take the first step toward securing your next great investment!
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $168,000 | $168,000 | $168,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,062 | $1,104 | $1,406 |
Total Monthly Payment | $1,137 | $1,179 | $1,481 |
* 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.