VA ASSUMABLE LOAN! Flexible living space, and income potential come together in Elloree, SC. On nearly an acre of land, this unique property offers endless possibilities for homeowners, investors, and those seeking multi-generational living near Lake Marion. Originally built as a multi-unit property, the home has been reconfigured to create a main-level residence featuring 3 bedrooms and an expansive primary suite. The former apartment kitchen was removed to create a larger primary bedroom, oversized closet area, and expanded bathroom, providing the comfort and functionality today's buyers are looking for. The upper level remains a separate 2-bedroom apartment, offering excellent potential for rental income, guest accommodations, or extended family living. Buyers also have the option to convert the property into one large single-family home, making it easy to customize the space to fit their needs. The nearly one-acre lot provides plenty of room for boat storage, RV parking, trailers, and recreational equipment. The gray storage shed conveys with the property, adding even more space for tools, hobbies, or outdoor gear. Located within walking distance of downtown Elloree, you'll enjoy access to local shops, restaurants, and community events. Joe Miller Park is just a short stroll away and features walking trails, a dog park, tennis courts, and pickleball courts. For boating and fishing enthusiasts, the public boat landing is only 6 miles away, offering quick access to the waters of the Lake Marion area. Whether you're searching for an Elloree home with rental income potential, a historic South Carolina property with character, or a spacious home with room for all your toys, flexibility, convenience, and opportunity in one unique package.