1153 Faile St, Lancaster, SC 29720

Great all-brick ranch located in the heart of Lancaster, just minutes from shopping, restaurants, and dining. This home features a traditional layout with original hardwood floors. The property sits on a nicely sized lot with well-maintained landscaping and mature trees. The current renter has lived in the house for 16 years, and the owner has not raised the rent during their ownership. The current rental rate for a similar 2-bedroom home in the area is $1,100, presenting an excellent opportunity for investors seeking the 1% rule. The roof was replaced about three years ago, the HVAC system is from 2016, and while the age of the water heater is undetermined, all systems are functioning well with no open maintenance requests. This home is also open to owner-occupied offers. The tenant is on a month-to-month lease and can be given notice before closing. Agent is owner.