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401 N Fant St, Anderson, SC, 29621

$575,000

Home List Price

$6,828*

Closing Credit

5 Bedrooms
4 Full Baths
House

Location

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401 N Fant St, Anderson$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
HeatingOther
CoolingOther
MLS #20277890
StatusActive

About 401 N Fant St

401 N Fant St. is a well-positioned 4-plex investment property located in the booming downtown of Anderson, SC. Recent upgrades/improvements and quality tenants. Three of the four units are on long term leases and average $1,200/month/unit. The other unit is currently being operated as an AirBNB grossing approx. $2,000/month. -NOI = $50,550 based on an assumption of $5,100/month in gross rental income (discounting AirBNB income to $1,500/month) -Asking Price = $575,000 = 8.8% cap rate -Yearly Expenses = $10,650 ($7,350 for property taxes, $2,400 for insurance, $900 for landscaping) Call with questions or to schedule a showing. Property is tenant occupied so notify listing agent before showing. Owner is licensed SC Real Estate Broker

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Stories: 2

Listing Office:

  • Office Name: McCoy Wright, Inc (24029)
  • Office Phone: (864) 224-3503
  • Listing Agent: Max Kinser

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: .

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
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Housing Market Comparison

See how this home compares to others in Anderson, SC.

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Anderson, SC

City

Med. Sold Price

$268.5K

Med. Price/SqFt

$162

Avg. Days On Market

50

# of Sold Homes

133

401 N Fant St vs Anderson

49 DAYS ON ROCKET

-1 Day

$575,000

+$306.4K More

KEY TAKEAWAY

This property is $306.4K more than the Median Sold Price in Anderson, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: UPMLS
  • MLS Number: #20277890

Listing Office:

  • Office Name: McCoy Wright, Inc (24029)
  • Office Phone: (864) 224-3503
  • Listing Agent: Max Kinser

© 2024 Western Upstate Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS®, Inc. and the Western Upstate Multiple Listing Service, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is deemed reliable, but not guaranteed. Neither the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of this information. The buyer is responsible for verifying all information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 10:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-160564
5
/10

  • Calhoun Academy of The Arts

  • 1520 E Calhoun St

  • 1.71 miles

  • Public Magnet Grades KG-5

school-card-donut-160565
8
/10

  • Concord Elementary An International Baccalaureate World School

  • 2701 Calrossie Rd

  • 2.15 miles

  • Public Magnet Grades KG-5

school-card-donut-160566
6
/10

  • Whitehall Elementary A Global Communication School

  • 702 Whitehall Rd

  • 2.52 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,767. Residents of Anderson, SC typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Anderson, SC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Anderson, SC.

Anderson's housing market offers a diverse array of options, with single-family homes being a significant presence. The architectural styles in the area range from charming bungalows to spacious contemporary homes, with a mix of older historic properties and newer constructions. The homeownership rate in Anderson is robust, reflecting a community invested in long-term residency and stability.

What is it like to live in Anderson, SC?

Anderson prides itself on a warm, community-oriented atmosphere, where local events and festivals play a central role in bringing residents together. The city's character is further defined by its scenic parks and a downtown area that combines historic charm with modern amenities, creating a vibrant space for both leisure and community engagement.

Is it easy to get around Anderson, SC without a car?

The community is served by a number of public schools, ensuring educational opportunities for children of various ages. Healthcare services in Anderson include a regional hospital equipped with emergency and specialized care. The city also features a public library system that supports lifelong learning and community activities. Retail and dining options are plentiful, offering both local and international cuisine, as well as shopping experiences that cater to a range of tastes and needs.

Transportation in Anderson, SC.

Transportation in Anderson includes a network of roads and highways that connect residents to nearby cities and towns, facilitating easy travel and commuting. Public transit options are available, providing residents with alternatives to private vehicle use. The city also accommodates pedestrians and cyclists, with certain areas offering more walkable streetscapes and bike paths. While ride-sharing services are present, they complement the existing transportation infrastructure.

Frequently Asked Questions About 401 N Fant St

What is the listing price of this property?

The listing price of 401 N Fant St property is $575,000.

What type of property is this?

The property 401 N Fant St is a house located in Anderson, South Carolina, 29621.

Is this property for sale now?

Active Listing: 401 N Fant St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 401 N Fant St has 5 bedrooms and 4 bathrooms.

Rocket Homes›South Carolina›Anderson County›Anderson›29621›401 N Fant St

This home is located at 401 N Fant St in Anderson, SC and zip code 29621. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $575,000.

Anderson, SC housing market in August 2024 saw over 25 listings sold above listed price, more than 35 sold at listed price and over 65 sold below. In August 2024 in Anderson, SC there were 13.5% more homes for sale than in July 2024. The median list price of listings available in August 2024 was $268,533, while the average time on the real estate market was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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