209 - 237 Rickenbacker Street, Lancaster, SC 29720

Lancaster
Local realty services provided by:Better Homes and Gardens Real Estate Heritage
Listed by: mike morrell, eddie donley
Office: keller williams connected
MLS#:4436937
Source:CH
209 - 237 Rickenbacker Street,Lancaster, SC 29720
$850,000
  • 2 Beds
  • 1 Baths
  • 6,560 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$850,000
  • Price per sq. ft.:$129.57

About this home

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...

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Home facts

  • Year built:1950
  • Subdivision & Development:none
  • Listing ID #:4436937
  • Updated:November 04, 2026 at 03:50 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:6,560 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1950
  • Building area:6,560 sq. ft.
  • Lot area:0.88 Acres
  • Foundation Description:Crawl Space

Schools

  • High school:Lancaster
  • Elementary school:Brooklyn Springs

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$129.57

Parking

  • Parking description:Driveway, On Street
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