117 Lucille Avenue

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117 Lucille Avenue

Easley, SC 29640
Asking Price
$350K
Asset Type
Multifamily
Class
Class B

What's Special

117 Lucille Avenue is located in Easley, South Carolina, situated within a established residential pocket near the city’s core. The neighborhood is characterized by a mix of single-family homes and small-scale multi-unit properties. Residents have proximate access to local amenities along the SC-93 and US-123 corridors, including grocery stores, retail centers, and dining options. The property is positioned for convenient transit, located less than two miles from downtown Easley and offering straightforward vehicular access to the greater Greenville-Spartanburg metropolitan area. This multifamily asset is suited for long-term rental use or a value-add investment strategy. The location typically attracts a tenant profile consisting of local workforce members, small households, and individuals seeking a suburban residential environment with a manageable commute to regional employment hubs. Given its proximity to local schools and community parks, the site is also functional for residents prioritizing access to civic infrastructure. The property’s configuration allows for consistent residential occupancy within a stable, mid-sized market.

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

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