37 Hillsboro Street, Aiken, SC 29801 (MLS# 555449)

37 Hillsboro Street, Aiken, SC 29801

New Listing
$195,000
Property Type: Multi-Family Bedrooms: 13 Baths: 7 Square Footage: 4,620 Lot Size (sq. ft.): 43,560 Status: Active
Current Price: $195,000 List Date: 5/05/2026 Last Modified: 5/05/2026

Overview

Description

Mobile home park investment opportunity in Aiken with significant upside! This 10-lot portfolio across multiple parcels offers a mix of existing rent-to-own (RTO) income, renovation opportunities, and vacant infill lots, creating both immediate income and long-term potential through land optimization, infill development, and strategic improvements. The property includes 3 existing rent-to-own (RTO) units, where tenants are responsible for most interior maintenance and home-level upkeep under agreed terms. Upon completion, ownership of the home transfers to the tenant while the park owner retains land ownership and continues to generate ongoing lot rent, supporting long-term, land-based income. Three vacant homes: 134 Oakwood is currently under renovation and is expected to be rented or RTO-ready prior to closing, providing immediate upside. 41 Hillsboro (double-wide) and 43 Hillsboro both require renovation. Four Vacant Lots / Infill Opportunities: 29 Ridgecrest Road (septic in place, ...

Listing Details MLS# 555449

Location, Tax & Legal

Street #
37
Street Name
Hillsboro
Street Suffix
Street
County
Aiken
State
SC
Zip Code
29801
MLS Area Major/Quadrant
Aiken (1AI)
Subdivision Name
Ridgecrest
Parcel Number
1190512008

Contract Info

Property Sub Type
Multi Family
Original List Price
195000

General Property Info

Lot Size Acres
Yes
Elementary School
J. D. Lever
Middle School
Schofield
High School
AIKEN HIGH SCHOOL
# Of Units Total
6
Bedrooms Total
13
Bathrooms Total
7
Bathrooms Full
7
Total SqFt
4620
Living Area Source
Public Records
Year Built
1996
List Price/Acres
195000
List Price/SqFt
42.21
New Construction Y/N
No
Lot Size Dimensions
No
Bathrooms Half
0

Unit 1 Details

Units #
Yes
Rent
550
# Bedrooms
2
# Full Baths
Yes
SqFt
672

Unit 2 Details

Units #
2
Rent
700
# Bedrooms
2
# Full Baths
Yes
SqFt
672

Unit 3 Details

Units #
3
Rent
800
# Bedrooms
2
# Full Baths
Yes
SqFt
672

More Information

Unit 4 Details

Units #
4
# Bedrooms
2
# Full Baths
Yes
SqFt
684
Rent
0

Unit 5 Details

Units #
5
# Bedrooms
3
# Full Baths
2
SqFt
1056
Rent
0

Unit 6 Details

Unit #
6
# Bedrooms
2
# Full Baths
Yes
SqFt
864
Rent
0

Remarks & Misc

Directions
From Laurens St NW (HWY 19 N), turn right on Reynolds Pond Rd, Turn right onto Ridgecrest Rd, Turn left onto Hillsboro Dr.
Public Remarks
Mobile home park investment opportunity in Aiken with significant upside! This 10-lot portfolio across multiple parcels offers a mix of existing rent-to-own (RTO) income, renovation opportunities, and vacant infill lots, creating both immediate income and long-term potential through land optimization, infill development, and strategic improvements. The property includes 3 existing rent-to-own (RTO) units, where tenants are responsible for most interior maintenance and home-level upkeep under agreed terms. Upon completion, ownership of the home transfers to the tenant while the park owner retains land ownership and continues to generate ongoing lot rent, supporting long-term, land-based income. Three vacant homes: 134 Oakwood is currently under renovation and is expected to be rented or RTO-ready prior to closing, providing immediate upside. 41 Hillsboro (double-wide) and 43 Hillsboro both require renovation. Four Vacant Lots / Infill Opportunities: 29 Ridgecrest Road (septic in place, will require lot prep for new home). 36A Hillsboro Road (existing infrastructure still in place) 37 Hillsboro Road (existing infrastructure still in place). 45 Hillsboro Road (considered a vacant lot- existing structure has, no title and will likely need to be removed/demoed). The property is supported by existing infrastructure across most parcels, including water distribution, electric service, and septic systems on developed pads. Buyers should verify the condition, capacity, and functionality of all utilities during due diligence. From an investment standpoint, the asset benefits from a functional site layout and underutilized land components, creating multiple pathways for growth through infill, renovation, and operational improvements over time. Property is being sold as-is, where-is. Please do not disturb tenants. No interior showings prior to accepted contract to respect tenant privacy and maintain normal operations. Buyer will receive a 3-day evaluation period with an accepted offer to conduct a preliminary walk-through (no earnest money required during this time), followed by a 12-14 day due diligence period with earnest money deposit required to proceed. Parcels include: 119-05-13-011, 119-05-16-014, 119-05-13-008, 119-05-12-008, 119-05-12-007, 119-05-12-006, 119-05-12-005, 119-05-12-004, and 119-05-14-016.
Listing Office: Coldwell Banker- Best Life Realty
Listing Agent: Erika Ramsey
Last Updated: May - 05 - 2026
Information deemed reliable but not guaranteed.