3141 Brayland AvenueMatthews, NC 28104
$2,250,000
MLS #4404701
Listed by EXP Realty LLC Ballantyne
7Beds
7Baths
5,748SqFt
209 Rickenbacker Street · Lancaster, SC 29720
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Active
$965,000
Est. $6,649/mo — Get pre-qualified
8beds
8baths
6,720sq ft
0.88acres
209 Rickenbacker Street · Lancaster, SC 29720
Exceptional investment opportunity featuring an eight-home single-family rental portfolio in Lancaster, SC. All properties are adjacent to one another on the same street and consist of 2-bedroom, 1-bath residences, offering efficient management and maintenance advantages.
The surrounding neighborhood is experiencing continued growth, with several new construction homes nearby and increasing rental rates supporting long-term appreciation potential. The portfolio currently generates approximately $7,000 in gross monthly rental income and is 100% occupied, with several tenants having resided in the properties for 10 to 20+ years, providing stable occupancy history.
Annual expenses include approximately $2,188 in insurance premiums and $8,349 in property taxes across all properties.
The offering also includes a 20' x 20' storage warehouse located behind 237 Rickenbacker Street, with most contents conveying at closing, as well as the vacant lot situated between the corner and 237 Rickenbacker Street, providing additional value and future potential.
Conveniently located within a five-minute walk of the city pool and Wylie Street Park, the properties benefit from nearby recreational amenities.
Seller will be present for all showings. Please DO NOT DISTURB TENANTS. Please DO NOT COMMUNICATE WITH THE TENANTS UNDER ANY CIRCUMSTANCES. Seller is a licensed real estate agent.
Features & Amenities
Living Area6,720 Sq.Ft.
Bedrooms8
Baths8
HeatingBaseboard
CoolingWindow Unit(s)
FireplaceNo
LaundryElectric Dryer Hookup, Washer Hookup
Year Built1950
ConstructionBlock
FoundationCrawl Space
ParkingDriveway, On Street
StatusActive
Lot Size0.88 Acres
CountyLANCASTER
Property TypeResidential Income
Last UpdatedOct 9, 2026
SewerPublic Sewer
Water SourceCity
HOANo
ElementaryBrooklyn Springs Elementary School
MiddleA.R. Rucker Middle School
HighLancaster High School
Presented By: Premier South
Location
Property boundary from county GIS
Map layers
Neighborhood Snapshot
U.S. Census Bureau, ACS 5-year estimatesNeighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.
Pricing History
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 9, 2026 | Price Reduced | $985,000 → $965,000 | ▾ $20,000 (2.0%) |
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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.
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