- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
Street View
$850,000
Monthly Est:$4,231
16 Beds
1 Bath1 full bath
6,560sqft
209 - 237 Rickenbacker St, Lancaster, SC 29720
$850,000
$4,231/moEst:
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Multi Family
Built in 1950
$-- HOA
0.88 acre lot
$130/sq.ft
Description
Excellent opportunity to invest in an established eight-home single-family rental portfolio in Lancaster, SC! Conveniently situated along the same street, these neighboring properties each feature 2 bedrooms and 1 bathroom, offering a streamlined approach to property management and maintenance. The portfolio is currently 100% occupied, generating approximately $7,000 in gross monthly rental income, with several long-term tenants who have called these properties home for 10 to 20+ years. Annual expenses are approximately $2,188 for insurance and $8,349 for property taxes across the portfolio. Adding to the appeal is a 20' x 20' storage warehouse located behind 237 Rickenbacker Street, with most contents conveying at closing, along with a vacant lot between the corner and 237 Rickenbacker Street. The surrounding area features nearby new construction and is conveniently located within walking distance of the city pool and Wylie Street Park. Whether you're looking to expand an existing rental portfolio or invest in multiple income-producing properties in one location, this offering presents a unique opportunity!
Seller will be present for all showings. DO NOT DISTURB OR COMMUNICATE WITH TENANTS UNDER ANY CIRCUMSTANCES.
- Houzeo last checked: 13 minutes ago
- Listing updated: October 30, 2026 at 6:56 pm
- Listing Provided by: Mike Morrell (704) 497-3365 , Eddie Donley | Keller Williams Connected (803) 835-2300
- Source: Canopy MLS as distributed by MLS GRID | MLS#: 4436937
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1950
HOA Fees
-
Finished Area
6,560 sqft
Lot Size
0.88 acre lot
Basement Area
- sqft
MLS Name
Canopy MLS as distributed by MLS GRID
MLS Number
4436937
MLS Status
Active
Days on Market
2
Cumulative Days on Market
122
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 16
Bathroom: 1
Interior
Heating
Baseboard
Cooling
Window Unit(s)
Sewer
Public Sewer
Appliances
None
Construction
Year Built
Year Built: 1950
Home type
Multi Family
Foundation Details
Crawl Space
Construction Materials
Block
Utilities & Energy
Water Source
City
Parking Features
Driveway, On Street
Laundry Features
Electric Dryer Hookup, Washer Hookup
Other Features
Tenant Pays
All Utilities
Subdivision Name
None
Price History
| Date | Event | Price |
|---|---|---|
10/30/2026 Source: | Listed for Sale | $850,000 $130/sqft |
Find Homes by Property Features in Lancaster, SC
Based on information submitted to the MLS GRID from Canopy MLS through Nov 02, 2026, 01:45AM. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2026 Canopy MLS. All Rights Reserved.
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