Spartanburg, SC 29302

$445,000

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List Price
$445,000
Status
ACTIVE
MLS
340035
County
Spartanburg
Neighborhood
Converse Heights
Type
Multifamily

Property Description

Turn-key, fully occupied quadplex in the heart of Spartanburg's coveted Converse Heights neighborhood, offering immediate rental income just minutes from Converse College, downtown Spartanburg, and major highway access. All four units are individually leased, generating $3,885/month ($46,620 annually) in gross rent (Unit 1: $900, Unit 2: $960, Unit 3: $850, Unit 4: $1,175), with one unit offering upside potential through light updating. Situated on tree-lined Otis Blvd, this property combines walkability to local shops and restaurants with the convenience of quick highway access, making it an ideal addition to any income-producing portfolio ? schedule your showing today.

Additional Information

Subtype
Quadruplex
Region
Spartanburg
School District
7
Neighborhood
Converse Heights
Elementary School
7-Pine Street
Middle School
7-McCraken J
High School
7-Spartanburg
Taxes
$10,468
Roof
Architectural
Foundation
Slab
Water
Public
Sewer
Public Sewer
Cooling
Heat Pump
Water
Public
Sewer
Public Sewer
Foundation
Slab
Roof
Architectural

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Calculator source: Real Geeks

Listing courtesy of Prime Realty, LLC.