2491 Russell Street, Orangeburg, SC 29115 (MLS# 26023327)

Supplements: located on the main road Russell Street leading into downtown Orangeburg. The complex includes seven 2-bedroom/1-bath units and one 1-bedroom /1-bath unit. There is also ample parking plus a covered carport. This property also positions itself in the path of progress. Orangeburg is undergoing some major transformations, with substantial funding dir … (Read more) located on the main road Russell Street leading into downtown Orangeburg. The complex includes seven 2-bedroom/1-bath units and one 1-bedroom /1-bath unit. There is also ample parking plus a covered carport. This property also positions itself in the path of progress. Orangeburg is undergoing some major transformations, with substantial funding directed toward community and infrastructure improvements. Recent and ongoing projects include a brand-new City Hall and Library/Conference Center on Russell Street, the newly completed, state of the art Orangeburg Wilkinson High School, and new county courthouse scheduled to break ground this year. These developments are helping drive economic activity, employment, and long-term area stability all positive indicators for real estate investors. Adding to the upside, South Carolina State University has experienced a 33% increase in enrollment over the past five years, creating a notable housing shortage. This surge presents a strategic opportunity for investors to operate the property as dedicated student housing, where demand continues to outpace supply. With its high-visibility location next to universities, and strong rental income potential, this property with some work would be a great addition to any investment portfolio.