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$965,000
Listing Price--beds
1baths
6,720sqft
2,090,880sqft lot
209 Rickenbacker St, Lancaster, SC 29720
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Full foreclosure details
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Exceptional investment opportunity featuring an eight-home single-family rental portfolio in Lancaster, SC. All properties are adjacent to one another on the same street and consist of 2-bedroom, 1-bath residences, offering efficient management and maintenance advantages.nnThe surrounding neighborhood is experiencing continued growth, with several new construction homes nearby and increasing rental rates supporting long-term appreciation potential. The portfolio currently generates approximately $7,000 in gross monthly rental income and is 100% occupied, with several tenants having resided in the properties for 10 to 20+ years, providing stable occupancy history.nnAnnual expenses include approximately $2,188 in insurance premiums and $8,349 in property taxes across all properties.nnThe offering also includes a 20' x 20' storage warehouse located behind 237 Rickenbacker Street, with most contents conveying at closing, as well as the vacant lot situated between the corner and 237 Rickenbacker Street, providing additional value and future potential.nnConveniently located within a five-minute walk of the city pool and Wylie Street Park, the properties benefit from nearby recreational amenities.nnSeller will be present for all showings. Please DO NOT DISTURB TENANTS. Please DO NOT COMMUNICATE WITH THE TENANTS UNDER ANY CIRCUMSTANCES. Seller is a licensed real estate agent.
Interior Details
6720
N/A
1
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
Tile (unspecified)
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
2090880
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
Concrete Block
N/A
Gable
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$715
$3,700
$19,700
--%
$23,400
2018
$455
$3,700
$19,700
--%
$23,400
2017
$572
$3,700
$19,700
--%
$23,400
2016
$575
$3,700
$19,700
--%
$23,400
2015
$552
$3,700
$19,000
--%
$22,700
2013
$528
$3,700
$19,000
--%
$22,700
2012
$519
$222
$1,140
--%
$1,362
Average Home Price in 29720
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$965,000
-- Beds
1 Baths
6,720 Sqft
2,090,880 Lot (sqft)
Sold 10/13/2026
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Lincoln, Nebraska’s real estate market has seen steady growth in average property values from March 2023 to February 2024. The market exhibits rising demand and prices, indicating there may be value buys available.



