Orangeburg, SC 29115,2491 Russell St
Orangeburg, SC 29115,2491 Russell St
Orangeburg, SC 29115,2491 Russell St
Orangeburg, SC 29115,2491 Russell St
Orangeburg, SC 29115,2491 Russell St
Orangeburg, SC 29115,2491 Russell St
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Kyle Weston

Kyle Weston

+1(302) 993-6264
Listed by   Gatehouse Realty, LLC
$ 629,000
Est. payment | /mo

15 Beds

8 Baths

5,650 SqFt

Save
$ 629,000
Est. payment | /mo
Save

15 Beds

8 Baths

5,650 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 5,650 sqft

Price per Sqft $111

Subdivision Wilkinson Heights

MLS Listing ID 26002551

Bedrooms 15

Full Baths 8

HOA Y/N No

Year Built 1974

Lot Size 0.870 Acres

Acres 0.87

Property Sub-Type Single Family Detached

Property Description

Attention Investors! Rare Turnkey 8-Unit Cash-Flowing property near two Universities. Opportunities like this are hard to find. Property is ideally positioned on the main entrance from I-26 into up and coming Orangeburg, and within walking distance to both South Carolina State University and Claflin University - a prime rental location. Offered at just $78,625 per unit, this fully occupied 8-unit complex generates an impressive $74,640 in GROSS ANNUAL RENT. The 5,650-sqft building underwent a major interior/exterior renovation just three years ago and is in high demand among tenants. In addition, the spacious 0.87-acre lot offers additional land for expansion of another building on the western portion of the property. The complex includes seven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Tenants also enjoy ample parking plus a covered carport. This property also positions itself in the path of progress. Orangeburg is undergoing some major transformations, with substantial funding directed toward community and infrastructure improvements. Recent and ongoing projects include a brand-new City Hall and Library/Conference Center on Russell Street, the newly completed, state of the art Orangeburg Wilkinson High School, and new county courthouse scheduled to break ground this year. These developments are helping drive economic activity, employment, and long-term area stability all positive indicators for real estate investors. Adding to the upside, South Carolina State University has experienced a 33% increase in enrollment over the past five years, creating a notable housing shortage. This surge presents a strategic opportunity for investors to operate the property as dedicated student housing, where demand continues to outpace supply. With its high-visibility location next to universities, strong rental income, and future development potential, this property is an outstanding addition to any investment portfolio.

Location

State SC

County Orangeburg

Area 83 - Org - Orangeburg County

Region None

City Region None

Rooms

Master Bedroom Ceiling Fan(s)

Interior

Interior Features Ceiling Fan(s)

Heating Wall Unit(s)

Flooring Laminate, Luxury Vinyl

Exterior

Parking Features 1 Car Carport, Off Street

Fence Wood

Utilities Available City of Orangeburg

Roof Type Architectural

Total Parking Spaces 1

Building

Lot Description 0 - .5 Acre, Level

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick,Vinyl Siding

New Construction No

Schools

Elementary Schools Whittaker Elementary School

Middle Schools Robert E. Howard Middle

High Schools Orangeburg-Wilkinson High School

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 11
  • 5

    Whittaker Elementary School

    Public | PK - 5

  • 4

    Marshall Elementary School

    Public | PK - 5

  • 4

    Felton Laboratory

    Public | KG - 8

  • 2

    Sheridan Elementary School

    Public | PK - 5

  • 2

    Brookdale Elementary School

    Public | PK - 5

  • 1

    Mellichamp Elementary School

    Public | PK - 5

  • 0

    Wesley Christian School

    Private | PK - 11

  • 0

    St Andrews Methodist Kindergarten

    Private | KG - KG

  • 0

    Vanard J. Mendinghall Seventy-Day Adventist Jr. Academy

    Private | 2 - 8

  • 0

    Orangeburg Christian Academy

    Private | PK - 12

  • 0

    Greater Faith Baptist Church Child Devt Center

    Private | PK - KG

Middle Schools 2
  • 4

    William J. Clark Middle School

    Public | 6 - 8

  • 1

    Robert E. Howard Middle School

    Public | 6 - 8

High Schools 3
  • 5

    High School for Health Professions

    Public | 9 - 10

  • 1

    Orangeburg Wilkinson High School

    Public | 9 - 12

  • 0

    Orangeburg Consolitated School District 5 Technology Center

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Kyle Weston
Kyle Weston

REALTOR® | Lic# 134614

+1(302) 993-6264

503 Wando Park Blvd. Suite 130, Mount Pleasant, SC, 29464, USA

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2491 Russell St