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7 Darwin Ave, Greenville, SC 29607

Studio, 1,260 sqft
Sold: $48,000
Sold on 07/05/13
Zestimate®: $50,501
Est. Mortgage:

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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes
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What a great opportunity! If you are considering getting into residential rentals or maybe you are an experience investor you won't want to miss this duplex. Two one bedroom/one bath units that have a good rental history and are currently rented out through Jan. 1, 2014. The rental income is $450 per unit. The cap rate is 9% with a projected positive cash flow of $4,820 per year. The owner has recently put on a new roof. These units have 1 bedroom/1 bath have a stove, refrigerator, window AC units, washer and dryer all stay with the units. There is a fireplace in both units but the chimney has been capped off and is not functional.
 
Facts
  • Lot: 6,969 sqft
  • Multi Family
  • Built in 1930
  • Cooling: Other
  • Heating: Baseboard
  • Last sold: Jul 2013 for $48,000
  • Price/sqft: $38
Features
  • Parking: Off street
    Construction
    • Exterior material: Vinyl
    • Roof type: Other
    • Room count: 8
    • # Stories: 1.0
    • Structure type: Other
    • Unit count: 2
    Other
    • Floor size: 1,260 sqft
    • Heating: Electric
    • Lot depth: 154
    • Lot width: 45
    • Parcel #: 0196000201000
    • Zillow Home ID: 11003025
    Home Values
    Add owner estimate
    Zestimate What's this?
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    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

    Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
    $50,501
    +$1,697 Last 30 daysd
    $37K
    $68K
    Zestimate range
    Rent Zestimate What's this?
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    A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $832/mo
    +$15 Last 30 daysd
    $666
    $1.2K
    Zestimate range

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    Neighborhood for 7 Darwin Avenue

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    Zillow predicts 29607 home values will increase 1.1% next year, compared to a 1.2% increase for Greenville as a whole. Among 29607 homes, this home is valued 66.5% less than the midpoint (median) home, and is valued 58.2% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In the 29607 market, the number of foreclosures waiting to be sold fell 54.2% in the last year. The number of unsold foreclosures is 50.7% higher than in Greenville, and 68.7% higher than the national average. This higher local number may prevent 29607 home values from rising as quickly as other regions in Greenville.

    Learn more about forecast calculations or 29607 home values.
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      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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      Contact a local agent

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      About these agents
      These listing agents specialize in this area and can get you a market value for this home and answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
      Close
      Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

      Learn how to appear as the agent above

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      Want to learn how to appear as the agent above? Contact us here or call us at (855) 840-3292

      Email successfully sent!Submission failed!

      Next: Find out what you can afford on Zillow Mortgage Marketplace.

      Get Pre-Approved

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      Contact me

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