305 Ferrari Drive, Spartanburg SC 29378,Spartanburg,Spartanburg,Residential Income

  • $194,900
305 Ferrari Drive, Spartanburg SC 29378
Residential Income Active
305 Ferrari Drive, Spartanburg SC 29378,Spartanburg,Spartanburg,Residential Income
305 Ferrari Drive, Spartanburg SC 29378
  • $194,900

Description

Spartanburg Investment Goldmine: Immediate Cash Flow & Untapped Potential! (Act Fast!) Imagine: Generating instant rental income while simultaneously unlocking substantial future value. This isn’t just another listing; it’s your chance to capitalize on Spartanburg’s booming real estate market with a property that delivers now and promises even more. Here’s the deal: This 0.39-acre mobile home park, strategically located just 10 minutes from vibrant downtown Spartanburg and a mere 2 minutes from I-85, is primed for explosive growth. Instant Cash Flow: Two fully renovated manufactured homes are already generating a combined $1,525/month ($750 & $775). That’s immediate, tangible returns hitting your bottom line from day one. (One 2 bed/2 bath and one 2 bed/1 bath) Massive Upside Potential: Two additional shells, already prepped with exterior paint, roof coating, partial window replacement and demolition, are screaming for your vision. These are blank canvases, ready to be transformed into high-demand 2 bed/1 bath rental units, significantly boosting your ROI. Strategic Location: 10 minutes to downtown Spartanburg’s thriving amenities—shopping, dining, entertainment, and employment—ensures consistent tenant demand. Plus, instant access to I-85 means effortless commutes, a major draw for renters. Turnkey Infrastructure: Brand-new driveway and established water and power utilities mean minimal upfront costs and smooth operations. Limited Opportunity: Properties like this, offering both immediate income and substantial growth potential, are rare. Don’t let this slip through your fingers. This isn’t just an investment; it’s a launchpad for significant wealth creation. The Spartanburg market is hot, and opportunities like this don’t last.

  • Address Ferrari
  • Zip/Postal Code 29378

Details

Updated on June 17, 2025 at 7:43 am
  • Property ID: 1553325
  • Price: $194,900
  • Land Area: 0.39 sqft
  • Bedrooms: 6
  • Bathrooms: 5
  • Year Built: 1979

Additional details

  • BathroomsFull: 5
  • BuildingAreaTotal: 3136
  • CommunityFeatures: None
  • ContractStatusChangeDate: 2025-04-07
  • ElementarySchool: Arcadia
  • Flooring: Unit 1: Dishwasher,Disposal,Refrigerator,Vinyl Floor,Stand Alone Rng-Electric,Unit 2: Dishwasher,Disposal,Refrigerator,Vinyl Floor,Stand Alone Rng-Electric
  • FoundationDetails: Other
  • Heating: Baseboard,Heat Pump
  • HighSchool: Dorman
  • InternetAddressDisplayYN: 1
  • InternetAutomatedValuationDisplayYN: 1
  • InternetConsumerCommentYN: 1
  • InternetEntireListingDisplayYN: 1
  • Levels: One
  • ListAgentFirstName: Kristin
  • ListAgentFullName: Kristin Hunteman
  • ListAgentKey: 14d087593eb1ab991b3c3bd463cdd5fc
  • ListAgentLastName: Hunteman
  • ListAgentMlsId: 109777
  • ListAgentPreferredPhone: 864-867-2384
  • ListOfficeKey: ee236557d10dac787b4f68800f4d8e74
  • ListOfficeMlsId: WEIC
  • ListOfficeName: Realty One Group Freedom
  • ListOfficePhone: 864-877-6111
  • ListingKey: 02b963b1d24df2891e963756701cf536
  • ListingTerms: Owner May Carry
  • LotSizeArea: 16988.4
  • LotSizeDimensions: 153 x 91 x 175 x 93
  • LotSizeSquareFeet: 16988.4
  • MLSAreaMajor: 033
  • MiddleOrJuniorSchool: Fairforest
  • MlsStatus: Active
  • ModificationTimestamp: April 7, 2025 at 06:55pm
  • NumberOfUnitsTotal: 4
  • OccupantType: Tenant
  • OriginalEntryTimestamp: April 7, 2025 at 03:19pm
  • OriginatingSystemID: bk4
  • OriginatingSystemKey: bk4
  • OriginatingSystemName: Greater Greenville MLS
  • ParcelNumber: 61310003.020206836
  • ParkingFeatures: Two Spaces
  • PhotosChangeTimestamp: April 7, 2025 at 03:22pm
  • PhotosCount: 16
  • PropertyCondition: 31-50
  • Roof: Metal
  • Sewer: Public Sewer
  • StateOrProvince: SC
  • Stories: 1
  • StreetName: Ferrari
  • StreetNumber: 305
  • StreetSuffix: Drive
  • SyndicationRemarks: Spartanburg Investment Goldmine: Immediate Cash Flow & Untapped Potential! (Act Fast!) Imagine: Generating instant rental income while simultaneously unlocking substantial future value. This isn't just another listing; it's your chance to capitalize on Spartanburg's booming real estate market with a property that delivers now and promises even more. Here's the deal: This 0.39-acre mobile home park, strategically located just 10 minutes from vibrant downtown Spartanburg and a mere 2 minutes from I-85, is primed for explosive growth. Instant Cash Flow: Two fully renovated manufactured homes are already generating a combined $1,525/month ($750 & $775). That's immediate, tangible returns hitting your bottom line from day one. (One 2 bed/2 bath and one 2 bed/1 bath) Massive Upside Potential: Two additional shells, already prepped with exterior paint, roof coating, partial window replacement and demolition, are screaming for your vision. These are blank canvases, ready to be transformed into high-demand 2 bed/1 bath rental units, significantly boosting your ROI. Strategic Location: 10 minutes to downtown Spartanburg's thriving amenities—shopping, dining, entertainment, and employment—ensures consistent tenant demand. Plus, instant access to I-85 means effortless commutes, a major draw for renters. Turnkey Infrastructure: Brand-new driveway and established water and power utilities mean minimal upfront costs and smooth operations. Limited Opportunity: Properties like this, offering both immediate income and substantial growth potential, are rare. Don't let this slip through your fingers. This isn't just an investment; it's a launchpad for significant wealth creation. The Spartanburg market is hot, and opportunities like this don't last.
  • TaxAnnualAmount: 509
  • WaterSource: Public

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