$239,900 Active

INVESTMENT OPPORTUNITY...1/2 MILE FROM PFEIFFER UNIVERSITY! Offered at $239,900, this all-brick ranch presents a unique opportunity for investors or families with students attending Pfeiffer University. Currently configured for student housing with four individual sleeping rooms, the property is leased to four university students generating $1,500 per month in rental income. Existing leases run through May 2027, with tenants responsible for utilities and lawn maintenance. The current 10-month lease structure and affordable room rates offer potential for increased future rental income. The home features approximately 1,824 square feet, including a converted garage that provides valuable additional flex/living space and a laundry area. Other highlights include a spacious lot, large deck, 9'x12' storage building, and an approximately 3-year-old HVAC heat pump. The home retains much of its original character, has been well maintained, and offers the durability of brick construction. With its exceptional proximity to Pfeiffer University's main campus and established student rental history, this property offers an attractive opportunity for investors seeking rental income or parents considering a housing investment for their college student. Property is being sold subject to existing leases through May 2027. Virtual tour and floor plan available. Come make this yours today!

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