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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

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

143.6

Price / sqft

1950

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

Square Feet
  • 6720

Bedrooms
  • N/A

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Tile (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 2090880

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Concrete Block

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • 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

percent-home-icon

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

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
965,000
$
Down payment
193,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,790
$
HOA (Monthly)
0
$
PMI
0
$
$6,247
Your Payment
Total Monthly Payment:$6,247
Percent of Income:107%
Affordable:No

Details for 209 RICKENBACKER ST

Property Debt

Foreclosure Contact Details