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305 Ferrari Drive, Spartanburg SC 29378,Spartanburg,Spartanburg,Residential Income
  • Property Type
  • Quadruplex
  • 6
  • Bedrooms
  • 5
  • Bathrooms
  • sqft
  • Area Size
  • 1979
  • Year Built
305 Ferrari Drive, Spartanburg SC 29378,Spartanburg,Spartanburg,Residential Income
  • $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
  • City: Spartanburg
  • State/county: Spartanburg
  • Zip/Postal Code: 29378
  • Area: NONE

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
  • Property Type Quadruplex
  • Property Status Residential Income

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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Jacob Mahaffey

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