A unique four unit plus storage rental investment property with huge upside potential! The front building contains three units. One is two story townhouse style rental with 2 bedrooms and 1.5 baths. The other two units in that building are each 2 bedrooms and 1 bathroom. In the back, there is a four bay garage and each bay can be rented as a storage unit. Above the garage is a large apartment containing two bedrooms that each have their own private bathroom. There is an additional room that can be used as a 3rd bedroom or office, plus an additional half bath. Each unit includes all appliances and a new roof was installed in 2024. Located in the historic Timrod Park area, this rare rental opportunity is a must-see for all investors!
Sold for $354,000
$354,000
406 W Cedar St, Florence, SC 29501
--beds
--baths
3,884sqft
Multi Family
Built in 1940
-- sqft lot
$392,700 Zestimate®
$91/sqft
$1,071 Estimated rent
Home value
$392,700
$357,000 - $428,000
$1,071/mo
Zestimate® history
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$1,981/mo
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: March 08, 2024 at 12:06pm
Listed by:
Steven M Ateyeh 843-617-4663,
Exp Realty Llc
Bought with:
Lastoshia Williams, 115299
Exp Realty Llc
Source: Pee Dee Realtor Association,MLS#: 20240264
Facts & features
Interior
Interior area
- Total structure area: 3,884
- Total interior livable area: 3,884 sqft
Property
Features
- Stories: 2
Lot
- Size: 7,405 sqft
Details
- Parcel number: 9007509013
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1940
Community & neighborhood
Location
- Region: Florence
- Subdivision: City
Price history
| Date | Event | Price |
|---|---|---|
| 3/8/2024 | Sold | $354,000-6.6%$91/sqft |
Source:  Pee Dee Realtor Association #20240264 Report a problem | ||
| 2/1/2024 | Pending sale | $379,000$98/sqft |
Source: Pee Dee Realtor Association #20240264 Report a problem | ||
| 1/24/2024 | Listed for sale | $379,000+97.4%$98/sqft |
Source: Pee Dee Realtor Association #20240264 Report a problem | ||
| 1/9/2006 | Sold | $192,000+357.1%$49/sqft |
Source: Public Record Report a problem | ||
| 12/7/2001 | Sold | $42,000$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,325 +97.8% | $353,903 +27.7% |
| 2024 | $3,703 +11.6% | $277,103 +43.8% |
| 2023 | $3,317 +1.8% | $192,697 |
| 2022 | $3,257 +3.6% | $192,697 |
| 2021 | $3,143 +6.5% | $192,697 |
| 2020 | $2,952 +1.7% | $192,697 |
| 2019 | $2,904 +18.7% | $192,697 +3.1% |
| 2018 | $2,445 +2% | $186,993 +2416.7% |
| 2017 | $2,396 +0.9% | $7,430 |
| 2016 | $2,374 +0% | $7,430 |
| 2015 | $2,373 +4.7% | $7,430 |
| 2014 | $2,266 +13.5% | -- |
| 2013 | $1,996 +7.5% | $7,506 |
| 2011 | $1,857 0% | -- |
| 2010 | $1,858 +17.7% | -- |
| 2009 | $1,578 | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: 29501
Nearby schools
GreatSchools rating
- 8/10Briggs Elementary SchoolGrades: K-5Distance: 0.9 mi
- 4/10Henry L. Sneed Middle SchoolGrades: 6-8Distance: 4.7 mi
- 6/10Wilson High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Briggs
- Middle: Williams
- High: Wilson
Source: Pee Dee Realtor Association. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$392,700
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$400,554
- South Carolina
- Florence County
- Florence
- 29501
- 406 W Cedar St