Investor Alert: Turnkey Rental with 9.7% Cap Rate and Reliable Weekly-Paying Tenant

3416 Seneca Ave, Aiken, SC 29801

  • For Sale $129,000
  • Property Type VacantLand
  • Property Size 1,200 SF
  • Units 1
  • Lot Size 0.4 Acre
  • Year Built 1949
  • Date Updated May 23, 2025
Discover the vibrant surroundings of the NW Quadrant of the City of Aiken, SC. This area is rich in culture and offers a blend of modern amenities and historic charm. Just minutes from the property, you'll find the Aiken Center for the Arts, where creativity thrives, and the Aiken County Historical Museum, showcasing the area's fascinating heritage. Take a leisurely stroll through Hopelands Gardens or explore the shops and dining options in the bustling downtown district. With its convenient location near these points of interest, the area provides an ideal setting for an Office / Office Building, offering a balanced lifestyle and a dynamic business environment.Explore this outstanding investment opportunity at 3416 Seneca Avenue in Aiken’s established Westmont neighborhood. This 2-bedroom, 1-bath ranch home is currently rented to a dependable tenant who pays weekly, totaling $1,200 monthly. The property generates a net operating income (NOI) of $12,507 per year, delivering a 9.7% cap rate at the competitive listing price of $129,000. Tenant Details: The current tenant pays weekly, is punctual and low-maintenance, and would prefer to stay, making this a plug-and-play investment. However, the lease is month-to-month, so the home is also ideal for a buyer seeking a personal residence. Versatile Opportunity: Whether you want to add a stable, income-producing property to your portfolio or secure a charming home in Aiken, this listing checks all the boxes. Its proximity to downtown, shopping, and schools only adds to its long-term appeal. Contact us today to schedule a showing and secure this high-yield opportunity while it lasts!
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Updated & Move-In Ready: Features refinished hardwood floors, fresh paint, and a 2019 roof for worry-free ownership.
  • Functional Layout: Includes a spacious living room, an eat-in kitchen, and a primary bedroom with a walk-in closet.
  • Additional Structures: A detached storage building and 4-car carport offer ample storage and parking flexibility.
  • Generous Lot Size: Situated on a 0.40-acre fenced lot, perfect for outdoor enjoyment or future improvements.
  • Utilities & Appliances: The unit comes equipped with a stove, refrigerator, electric water heater, floor furnace, and window A/C.

Contacts

broker

Meybohm Commercial Properties

Location

Getting Around

  • Walk Score ®

    21/100 Car-Dependent
  • Bike Score ®

    22/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Aiken, SC
  • Zip Code 29801
  • Market Augusta

Points of Interest

  • Exxon

    0.89 miles

  • Circle K

    1.22 miles

  • Sprint

    1.64 miles

  • Enmarket

    2.02 miles

  • Shell

    3.25 miles

  • BP

    3.82 miles

  • Pilot

    5.80 miles

  • Parking Lot A

    1.14 miles

  • Parking Lot B

    1.14 miles

  • Parking Lot D

    1.33 miles

  • Parking Lot C

    1.33 miles

  • The Reserve Parking Lot

    5.98 miles

  • MTU-America Inc.

    6.03 miles

  • Knights Inn

    0.63 miles

  • Days Inn by Wyndham Downtown Aiken

    0.91 miles

  • Econo Lodge

    1.27 miles

  • Quality Inn & Suites

    1.44 miles

  • 419 Hayne

    1.59 miles

  • Carriage House Inn

    1.63 miles

  • The Willcox

    1.87 miles

  • Clarion Inn & Suites

    2.98 miles

  • Fairfield Inn

    3.02 miles

  • Hounds Lake Guest House

    3.57 miles

  • Tequila's Mexican Grill and Bar

    0.65 miles

  • Waffle House

    0.66 miles

  • Hong Kong

    0.69 miles

  • Subway

    0.70 miles

  • Acropolis Pizza Restaurant

    0.70 miles

  • ATown Wings

    0.72 miles

  • Little Caesars

    0.72 miles

  • Taco Bell

    0.74 miles

  • KFC

    0.77 miles

  • Sonic

    0.85 miles

  • Limestone College

    0.63 miles

  • Center for Innovative Learning at Pinecrest

    1.04 miles

  • University of South Carolina at Aiken

    1.22 miles

  • Kalmia Hills School

    1.26 miles

  • Mead Hall Episcopal School - Aiken Prep Campus

    1.34 miles

  • University of South Carolina Aiken

    1.48 miles

  • Saint Marys Help of Christians School

    1.96 miles

  • Aiken High School

    1.97 miles

  • Schofield Middle School

    2.26 miles

  • Saint Gerard School

    2.54 miles

  • Sunshine House Early Learning Academy

    3.11 miles

  • Sunshine House of Aiken

    4.02 miles

  • Family Affair Day Care

    4.04 miles

Frequently Asked Questions

How much does Investor Alert: Turnkey Rental with 9.7% Cap Rate and Reliable Weekly-Paying Tenant cost?

The space currently listed for sale at Investor Alert: Turnkey Rental with 9.7% Cap Rate and Reliable Weekly-Paying Tenant asks for $129,000.

What is the total square footage of Investor Alert: Turnkey Rental with 9.7% Cap Rate and Reliable Weekly-Paying Tenant?

Investor Alert: Turnkey Rental with 9.7% Cap Rate and Reliable Weekly-Paying Tenant totals 1,200 square feet.

When was this property built?

Investor Alert: Turnkey Rental with 9.7% Cap Rate and Reliable Weekly-Paying Tenant was built in 1949.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker

Meybohm Commercial Properties

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.