424 Park Ave Florence, SC 29501
Timrod Park NeighborhoodEstimated payment $2,502/month
Highlights
- Wood Flooring
- Central Heating and Cooling System
- 1-Story Property
- Window Unit Cooling System
About This Home
Rare opportunity to acquire two triplex properties being sold together as one package, located in close proximity to one another allowing for easy management. This 6-unit multifamily offering presents strong upside potential for investors seeking a value-add project in an established Florence rental market. 424 Park Avenue Florence, SC (tax map #90063-04-012) was built in 1945 and 2,362 total sq ft. Two units are 1 bedroom, 1 bathroom and one unit is 2 bedroom, 1 bath. 456 Warley Street Florence, SC (tax map #90075-03-001) was built in 1951 and 2,964 total square feet. This property includes three units, a 1 bedroom, 1 bath; a 2 bedroom, 1 bath; and a 3 bedroom, 1 bath. Properties will require repairs and updates and are priced accordingly. Ideal for investors looking to renovate, stabilize, and increase long-term cash flow. Being sold strictly AS-IS, with the seller making no repairs. Excellent opportunity to reposition and add value in a strong rental demand area with convenient access to local amenities, employment, and major roadways. Serious investor inquiries only. Financials available upon request.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1945
Home Design
- Triplex
- Architectural Shingle Roof
Interior Spaces
- 2,362 Sq Ft Home
- 1-Story Property
Flooring
- Wood
- Carpet
- Luxury Vinyl Plank Tile
Parking
- Carport
- On-Street Parking
- Open Parking
Schools
- Briggs Elementary School
- Moore/Sneed Middle School
- Wilson High School
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
Community Details
- 6 Units
- City Subdivision
Listing and Financial Details
- Assessor Parcel Number 9006304012,900750300
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $2,511 | $5,788 | $600 | $5,188 |
| 2023 | $2,234 | $4,170 | $600 | $3,570 |
| 2022 | $2,356 | $4,170 | $600 | $3,570 |
| 2021 | $2,304 | $6,260 | $0 | $0 |
| 2020 | $2,290 | $6,260 | $0 | $0 |
| 2019 | $2,254 | $6,260 | $0 | $0 |
| 2018 | $2,135 | $6,260 | $0 | $0 |
| 2017 | $2,094 | $6,260 | $0 | $0 |
| 2016 | $2,001 | $6,260 | $0 | $0 |
| 2015 | $2,000 | $6,260 | $0 | $0 |
| 2014 | $1,909 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2026 02/25/26 | For Sale | $445,000 | -- | $188 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $180,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $174,911 | Construction |
Source: Pee Dee REALTOR® Association
MLS Number: 2600723
APN: 90063-04-012
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Ask me questions while you tour the home.