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$233,000
4 Beds 2 Baths
Introducing an Exceptional Rental Opportunity! Discover the charm of this Fernwood duplex, ideally situated in a serene suburban setting, a mere four miles to the east of Downtown Spartanburg. Fernwood combines the best of comfort and convenience. Our residents can relish a plethora of amenities along East Main Street and Fernwood Glendale Road, along with seamless access to tranquil green spaces, such as the expansive Edwin M. Griffin Nature Preserve. This 115-acre natural haven boasts picturesque trails and opportunities for outdoor enjoyment. Fernwood is the perfect choice for students, faculty, and staff, thanks to its strategic proximity to Converse College and Wofford College. Welcome to Fernwood – Where Comfort Meets Convenience! 1427 Fernwood Glendale Rd UNIT #A, Spartanburg, SC, 29307 - Lease: 7/1/2023- 6/30/2024 1427 Fernwood Glendale Rd UNIT #B, Spartanburg, SC, 29307 - Lease: 9/1/2023- 8/31/2024

1427 Fernwood Glendale Road Unit UNITS A and B, Spartanburg

$185,000
3 Baths
Triplex like building offering three individual studio apartments. Priced at an enticing $225,000, this property presents a remarkable value for investors seeking strong cash flow and future growth potential. Each studio apartment is thoughtfully designed and currently rented at attractive rates, contributing to a combined monthly rental income of $2,600. Unit B rents for $750 per month, Unit C for $900 per month, and Unit A for $950 per month. These rental rates, coupled with the desirable location and low vacancy rates, make this property an excellent addition to any investor’s portfolio. All units currently leased. In addition to the three studio apartments, this property also features a fenced-in area and a small office space with a carport. Currently utilized for heavy equipment storage, the versatility of this property opens up a range of possibilities for future use. The superb location, as previously mentioned, offers easy access to downtown Spartanburg, interstate connections, and a wealth of amenities. Residents of these studio apartments will enjoy the convenience of nearby shopping, dining, and entertainment options. With a combined rental income of $2,600 per month and an asking price of $225,000, this property represents a compelling investment opportunity, providing excellent cash flow and potential for future appreciation. Don’t miss out on this chance to secure a solid investment in Spartanburg’s thriving real estate market. Contact us today to schedule a private showing and explore the potential this property holds for your financial future!

205 A Floyd Road, Spartanburg

$225,000
2 Beds 2 Baths
Welcome to an exceptional investment opportunity in Spartanburg, SC! This impressive duplex, conveniently located near downtown and the interstate, offers a great return on investment potential for seasoned investors and an ideal house hacking opportunity for new investors or first-time home buyers. Priced attractively at $225,000, this duplex features two separate 1-bedroom, 1-full bath units, each currently renting for $1,200 per month. The consistent rental income makes this property an attractive choice for investors seeking cash flow and long-term profitability. Originally a single-family, all-brick home, this property has been skillfully converted into a duplex, maximizing its rental potential while maintaining its solid construction and timeless charm. The well-designed layout ensures privacy and comfort for tenants in each unit. The excellent location of this duplex is a major highlight, providing easy access to downtown amenities, entertainment, dining, and shopping. With its proximity to the interstate, residents will enjoy convenient commuting options to neighboring areas and beyond. Whether you’re a seasoned investor seeking to expand your portfolio or a new investor or first-time home buyer looking to house hack and generate rental income, this duplex presents a prime opportunity. Don’t miss out on the chance to make a smart investment in Spartanburg’s thriving real estate market. Contact us today to schedule a private showing and explore the potential this duplex holds for your financial future!

205 Floyd Road, Spartanburg

$1,250,000
Investors Dream! This mobile home park is the perfect income-producing property. Located on 18.22 acres, in the heart of the westside of Spartanburg. This property features 13 mobile homes, seven of them are double wide, and the other six are single wide. Each property has its own septic tank and water tap. Property is on city water and public sewer has just become available for the whole property. Current development includes approximately 1,000 ft. of paved road, a 1,000 ft. of 8 in. water line, and electrical power. The owner had an original plan with full county approval for 22 lots, these lots being one-third of an acre each. Only 12 of these lots have been currently developed. The remaining 10 lots are ready for development now, without any further approvals by Spartanburg County. Recently, public sewer has become available, so that future owners can develop at their desired density. All 13 homes are currently rented and bring in approximately $100,000 yearly income. Owner may take 50% of purchase price on a mortgage, with a seven-year term. This property is located only a few miles from I-85 and I-26. The rental history will show that these homes are in high demand and very easy to rent.

107 Diamond Lane, Spartanburg

$239,000
4 Beds 2 Baths
AWESOME STUDENT RENTAL!! This duplex located in Fernwood is set in a lush, suburban neighborhood about four miles east of Downtown Spartanburg. Fernwood features a mixture of affordable ranch-style homes, two-story houses, and modern apartments. Along with access to plenty of amenities along East Main Street and Fernwood Glendale Road, residents love having access to several green spaces like Edwin M. Griffin Nature Preserve, a 115-acre natural area with miles of scenic trails. Great for students, faculty, and staff, Fernwood is convenient to Converse College and Wofford College. 1423 Fernwood Glendale Rd UNIT #A, Spartanburg, SC, 29307 - Lease: 7/1/2022- 6/30/2023 Rent: $950 1423 Fernwood Glendale Rd UNIT #B, Spartanburg, SC, 29307 - Lease: 10/22/2022- 10/21/2023 Rent: $950

1423 Fernwood Glendale Road Unit UNITS A and B, Spartanburg

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