$395,302 | 8 beds | 4 full baths | N/A half baths | N/A sqft
Spartanburg, SC 29302
- 8Beds
- 4Full Baths
- N/AHalf Baths
- N/ASqFt
- 1916Year Built
- 0.17Acres
- MLS# 1587120
- Residential
- Quadruplex
- Active
- Approx Time on Market2 months, 1 day
- Area033-Spartanburg
- CountySpartanburg
- Subdivision None
Overview
Don't miss this prime investment property featuring four 2-bedroom, 1-bath units. Currently, two units are occupied with strong rental history, generating a combined rental income of $1,750/month, with the third and fourth units previously renting for $900/monthtotal potential income of $3,550/month. Situated just off East Main Street in School District 7, this multifamily property is conveniently located near shopping, public transportation, and is within walking distance to Converse College.There is a newer roof, all appliances have been updated in the last 3 years. The area is experiencing notable new development, making this an ideal time to invest. Each unit is separately metered for utilities, offering added convenience and flexibility for tenants and owners alike. The property is being sold ""AS-IS."" Whether you're a seasoned investor or just entering the market, this is a solid income-generating asset with strong rental history and growth potential. Schedule your showing today and take the next step toward building your portfolio!
Agriculture / Farm
Amenities / Special Info
Community Features: None
Association Fees / Info
Bathroom Info
Total Baths: 4
Fullbaths: 4
Bedroom Info
Beds: 8
Building Info
Levels: Two
Foundation Details: Crawl Space
Construction Materials: Vinyl Siding
Year Built: 1916
Cooling: Yes
Property Condition: 50+
Building Area Total: 2,980
Roof: Composition
Exterior Features
Patio and Porch Features: Unit 1: Porch-Front, Unit 2: Porch-Front, Unit 3: Porch-Front, Unit 4: Porch-Front
Garage / Parking
Open Parking: Yes
Parking Features: Off Street, On Street
Handicap
Interior Features
Lot Info
Acres: 0.17
Lot Area: 7405.2
Lot Size Units: Square Feet
Misc
Other
Property Info
County: Spartanburg
Occupant Type: Tenant
Sqft Info
Living Area Units: Square Feet
Unit Info
Number of Units Total: 4
Utilities / Hvac
Water Source: Public
Appliances: Electric Water Heater, Water Heater
Cooling: Central Forced, Multi Units
Sewer: Public Sewer
Heating: Baseboard, Electric, Natural Gas
Heating: Yes
Waterfront / Water
Courtesy of Shanda Davey of Herlong Sotheby's International Realty
Featured Lender
Kathryn Holbrooks
Premier Mortgage Resources, LLC NMLS#1169 864-844-5008
[email protected]
http://www.mortgagegurus.net/
Bio: FL LO78443 | NC I-187004 | SC MLO–474274 | TN 474274 | GA 66600 | VA MLO-48061VA | AL 81645
Kathryn’s financial career began in 1994 with NationsBank. She combines her passion for teaching with a deep knowledge of mortgage options, assisting both first-time and experienced homebuyers in purchasing primary residences, vacation homes, or investment properties. With over 30 years of experience and having served thousands of clients, Kathryn is well-versed in USDA, FHA, Conventional, VA, Jumbo and Construction loans. As a Scotsman Guide Top Producing Originator, she brings unmatched expertise and dedication to her work.
While deeply passionate about helping clients achieve homeownership, Kathryn also enjoys traveling. Married to her husband, Randy, since 2001, she lives in scenic Seneca, SC. Kathryn is actively involved in her local church, where she shares her musical talent on the praise team. She believes that "Every good and perfect gift comes from above." Let Kathryn and her team at the Mortgage Gurus demonstrate the impact of their experience, communication, and integrity in your home purchase.