204 E Pine St Florence, SC 29506
Estimated payment $1,601/month
Highlights
- Cooling Available
- Heating Available
- 1-Story Property
About This Home
Exceptional investment opportunity featuring four single-family homes across two tax map numbers, offering immediate income and strong upside potential. 204 E Pine St (TMS #90103-12-009) is a well-updated 3BR/1BA home with 1,128 sq ft, originally built in 1960. Recent improvements include a new roof (2023), full electrical rewire, brand-new mini-split system, new LVP flooring, and new paint, making this property move-in ready with modern upgrades throughout. Situated on TMS #90103-12-011, the remaining three homes provide additional rental income: 404 S. Barringer St – 3BR/1BA, 832 sq ft, built in 1950. Features a new roof (2023), window units in bedrooms, and a new mini-split system scheduled for installation in the living area by April. 406 S. Barringer St – 2BR/1BA, 672 sq ft, built in 1950. Includes a new roof (2023), new electrical panel, window units in bedrooms, and a new mini-split to be installed by April. 408 S. Barringer St – 2BR/1BA, 672 sq ft, built in 1950. Also features a new roof (2023), window units in bedrooms, and a new mini-split scheduled for installation by April. The portfolio currently generates $2,800 in gross monthly income, making it an excellent opportunity for investors seeking cash flow with value-add potential. New two-year lease just signed includes owner right to increase rent by 10% with 90-day notice. With major updates already completed and additional improvements underway, this package is positioned for both immediate returns and long-term growth.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Interior Spaces
- 3,304 Sq Ft Home
- 1-Story Property
Schools
- Greenwood Elementary School
- Southside Middle School
- South Florence High School
Utilities
- Cooling Available
- Heating Available
Community Details
- 4 Units
- City Subdivision
Listing and Financial Details
- Assessor Parcel Number See remarks
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,276 | $2,685 | $204 | $2,481 |
| 2024 | $1,194 | $2,685 | $204 | $2,481 |
| 2023 | $1,063 | $1,985 | $204 | $1,781 |
| 2022 | $110 | $204 | $204 | $0 |
| 2021 | $114 | $310 | $0 | $0 |
| 2020 | $107 | $310 | $0 | $0 |
| 2019 | $106 | $310 | $0 | $0 |
| 2018 | $102 | $310 | $0 | $0 |
| 2017 | $473 | $1,390 | $0 | $0 |
| 2016 | $444 | $1,390 | $0 | $0 |
| 2015 | $511 | $1,390 | $0 | $0 |
| 2014 | $424 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/18/2026 03/18/26 | For Sale | $280,000 | +443.7% | $85 / Sq Ft | |
| 01/17/2022 01/17/22 | Sold | $51,500 | -14.2% | $53 / Sq Ft | View Prior Sale |
| 11/16/2021 11/16/21 | For Sale | $60,000 | -- | $61 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | G Lee Miller Pc | |
| Warranty Deed | $51,500 | G Lee Miller Pc | |
| Warranty Deed | $19,673 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $130,441 | New Conventional |
Source: Pee Dee REALTOR® Association
MLS Number: 2601029
APN: 90103-12-009
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