1. South Carolina
2. Aiken
3. 3416 Seneca Avenue

3416 Seneca Avenue, Aiken, SC 29801

• 2 beds |
• 1 bath |
• 1,200 sqft

Property Description

Investor Alert: Turnkey Rental with 9.7% Cap Rate and Reliable Weekly-Paying Tenant Explore this outstanding investment opportunity at 3416 Seneca Avenue in Aiken's established Westmont neighborhood. This 2-bedroom, 1-bath ranch home is currently rented to a dependable tenant who pays weekly, totaling $1,200 per month. The property generates a net operating income (NOI) of $12,507 per year, delivering a 9.7% cap rate at the competitive listing price of $129,000. Property Highlights: Updated & Move-In Ready: Features refinished hardwood floors, fresh paint, and a 2019 roof for worry-free ownership. Functional Layout: Includes a spacious living room, eat-in kitchen, and a primary bedroom with a walk-in closet. Additional Structures: A detached storage building and 4-car carport offer ample storage and parking flexibility. Generous Lot Size: Situated on a 0.40-acre fenced lot, perfect for outdoor enjoyment or future improvements. Utilities & Appliances: Comes equipped with a stove, refrigerator, electric water heater, floor furnace, and window A/C. Tenant Details: The current tenant pays weekly, is punctual and low-maintenance, and would prefer to stay, making this a plug-and-play investment. However, the lease is month-to-month, so the home is also ideal for a buyer seeking a personal residence. Versatile Opportunity: Whether you're looking to add a stable, income-producing property to your portfolio or secure a charming home in Aiken, this listing checks all the boxes. Its proximity to downtown, shopping, and schools only adds to its long-term appeal. Contact us today to schedule a showing and secure this high-yield opportunity while it lasts!

Listing Status:

Active

Date Added:

May 15, 2025 at 05:00AM

Listing Office:

Meybohm Real Estate - Aiken : 803-648-7653

MLS ID:

217367

Interior

• General: Walk-In Closet(s)Bedroom on 1st FloorCeiling Fan(s)PanelingPantryEat-in KitchenCable Internet
• Appliances: RangeRefrigeratorElectric Water Heater
• Basement: None
• Flooring: HardwoodLaminateVinyl
• A/C: Wall/Window Unit(s)
• Heating: Floor Furnace

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Meybohm Real Estate - Aiken