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Archived over 4 years ago

$12,500

1 bd 1 ba 7405 sqft

715 Shelor Ferry rd, Fair Play, SC 29643

Residential SFR Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$700

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unrestricted Land Lake Lot

๐—Ÿ๐—ฎ๐—ธ๐—ฒ๐˜€๐—ถ๐—ฑ๐—ฒ ๐—ถ๐—ป ๐—ฃ๐—ผ๐—ฟ๐˜ ๐—•๐—ฎ๐˜€๐˜€ @ ๐—Ÿ๐—ฎ๐—ธ๐—ฒ ๐—›๐—ฎ๐—ฟ๐˜๐˜„๐—ฒ๐—น๐—น! ๐—ฆ๐—ฒ๐—น๐—น๐—ถ๐—ป๐—ด ๐—ฏ๐—ฒ๐—น๐—ผ๐˜„ ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐˜ƒ๐—ฎ๐—น๐˜‚๐—ฒ!

Enjoy the water anytime! Wake up to a spectacular lake view youโ€™ve always dreamed of. Now is a perfect time to make an investment on a property that is both fun and safe. Access to the community boat ramp. Donโ€™t miss this rare chance to buy this property below market value. With No HOA, mobile homes and RV ARE allowed. Unrestricted Land, so build your dream property!
Tear down the existing cabin or rehab it into an HGTV vacation rental, second home, or new lakeside dream. The options are endless with this property.

Own this property NOW! Visit www.cwcsells.com for more information.

Call or Text 864-986-0020 or Email: [email protected]

๐—ฃ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐——๐—ฒ๐˜๐—ฎ๐—ถ๐—น๐˜€:
๐—”๐—ฃ๐—ก: 334-01-06-008
๐—ฆ๐˜๐—ฎ๐˜๐—ฒ: South Carolina
๐—–๐—ผ๐˜‚๐—ป๐˜๐˜†: Oconee County
๐—”๐—ฑ๐—ฑ๐—ฟ๐—ฒ๐˜€๐˜€: Near 715 Shelor Ferry Rd, Fairplay, SC 29643
GPS: 34.523100, -83.071127
๐—Ÿ๐—ฒ๐—ด๐—ฎ๐—น ๐——๐—ฒ๐˜€๐—ฐ๐—ฟ๐—ถ๐—ฝ๐˜๐—ถ๐—ผ๐—ป: Lot 12 Port Bass
๐—ฆ๐—ถ๐˜‡๐—ฒ: 0.17 Acres / 7,405.2 Sq Ft
๐—”๐—ฐ๐—ฐ๐—ฒ๐˜€๐˜€: Asphalt
๐—ญ๐—ผ๐—ป๐—ถ๐—ป๐—ด: WF WATERFRONT
๐—›๐—ข๐—”: No
๐—›๐—ข๐—” ๐——๐˜‚๐—ฒ๐˜€: $0
๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฉ๐—ฎ๐—น๐˜‚๐—ฒ: $24,860
๐—”๐—ป๐—ป๐˜‚๐—ฎ๐—น ๐—ง๐—ฎ๐˜…๐—ฒ๐˜€: $339.42

๐—จ๐˜๐—ถ๐—น๐—ถ๐˜๐—ถ๐—ฒ๐˜€:
๐—˜๐—น๐—ฒ๐—ฐ๐˜๐—ฟ๐—ถ๐—ฐ๐—ถ๐˜๐˜†: Blue Ridge Electric Coop
๐—š๐—ฎ๐˜€: Propane
๐—ช๐—ฎ๐˜๐—ฒ๐—ฟ: Georgia Water & Well
๐—ฆ๐—ฒ๐˜„๐—ฒ๐—ฟ/๐—ฆ๐—ฒ๐—ฝ๐˜๐—ถ๐—ฐ: Septic Required
This property is not dockable, but the Corp of Engineers will allow a boat to be โ€œbeachedโ€ on the shoreline. Yes the water is deep enough and the neighboring lots are the same size and do have docks, but they were grandfathered in when the Corp of Engineers changed the rules from shoreline length to put a dock in 2007.
Discounted Cash Price: $12,500

** Buyer is responsible for verifying all information with the County and HOA (if applicable) as to what can and can't be done with the property. CWCSells sells properties owned by the company or properties they have been contracted to market for the owners. Seller makes no warranties or representations about the property. This property will be closed by local attorney or company and is guaranteed free of all liens and encumbrances.

Location:

715 Shelor Ferry rd, Fair Play, SC 29643

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.