305 Ferrari Drive, Spartanburg SC 29378,Spartanburg,Spartanburg,Residential Income
- $194,900
- $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
Open on Google Maps-
Address: Ferrari
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City: Spartanburg
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State/county: Spartanburg
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Zip/Postal Code: 29378
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Area: NONE
Details
Updated on June 17, 2025 at 7:43 am-
Property ID 1553325
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Price $194,900
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Land Area 0.39 sqft
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Bedrooms 6
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Bathrooms 5
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Year Built 1979
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Property Type Quadruplex
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Property Status Residential Income
Additional details
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BathroomsFull 5
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BuildingAreaTotal 3136
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CommunityFeatures None
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ContractStatusChangeDate 2025-04-07
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ElementarySchool Arcadia
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Flooring Unit 1: Dishwasher,Disposal,Refrigerator,Vinyl Floor,Stand Alone Rng-Electric,Unit 2: Dishwasher,Disposal,Refrigerator,Vinyl Floor,Stand Alone Rng-Electric
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FoundationDetails Other
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Heating Baseboard,Heat Pump
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HighSchool Dorman
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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Levels One
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ListAgentFirstName Kristin
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ListAgentFullName Kristin Hunteman
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ListAgentKey 14d087593eb1ab991b3c3bd463cdd5fc
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ListAgentLastName Hunteman
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ListAgentMlsId 109777
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ListAgentPreferredPhone 864-867-2384
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ListOfficeKey ee236557d10dac787b4f68800f4d8e74
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ListOfficeMlsId WEIC
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ListOfficeName Realty One Group Freedom
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ListOfficePhone 864-877-6111
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ListingKey 02b963b1d24df2891e963756701cf536
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ListingTerms Owner May Carry
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LotSizeArea 16988.4
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LotSizeDimensions 153 x 91 x 175 x 93
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LotSizeSquareFeet 16988.4
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MLSAreaMajor 033
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MiddleOrJuniorSchool Fairforest
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MlsStatus Active
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ModificationTimestamp April 7, 2025 at 06:55pm
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NumberOfUnitsTotal 4
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OccupantType Tenant
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OriginalEntryTimestamp April 7, 2025 at 03:19pm
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OriginatingSystemID bk4
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OriginatingSystemKey bk4
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OriginatingSystemName Greater Greenville MLS
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ParcelNumber 61310003.020206836
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ParkingFeatures Two Spaces
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PhotosChangeTimestamp April 7, 2025 at 03:22pm
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PhotosCount 16
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PropertyCondition 31-50
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Roof Metal
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Sewer Public Sewer
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StateOrProvince SC
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Stories 1
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StreetName Ferrari
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StreetNumber 305
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StreetSuffix Drive
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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.
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TaxAnnualAmount 509
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WaterSource Public
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Contact Information
View Listings- Jacob Mahaffey
- 864-630-0153