REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 375,000
Est. payment | /mo
3,691 SqFt
$ 375,000
Est. payment | /mo
3,691 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,691 sqft
Price per Sqft $101
MLS Listing ID SPN340644
Year Built 1927
Annual Tax Amount $8,456
Tax Year 2025
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 207x63
Property Sub-Type Triplex
Property Description
Excellent investment opportunity! This four-unit property is located directly across from Converse University and just minutes from downtown Spartanburg, Wofford College, shopping, dining, and major employers. Each unit has its own private entrance, and all four units are currently leased with a strong history of consistent occupancy. The front unit is a nearly 2,000 SF home featuring a large front porch, separate living and dining rooms, a spacious kitchen, three bedrooms, and two-and-a-half bathrooms. Located behind the main home are three additional units, including two one-bedroom, one-bathroom apartments and one loft-style one-bedroom, one-bathroom unit. Parking is available in both the front and rear of the property, providing convenient access for all residents, with ample parking serving the three rear units. Whether you're looking to expand an existing portfolio or acquire your first multi-unit investment, this fully occupied property offers immediate cash flow with significant value-add potential. The combination of a proven rental history, a highly desirable location, and opportunities to increase rents through future updates or improved management make this an attractive investment with room for income growth.
Location
State SC
County Spartanburg
Interior
Heating Baseboard, Heat Pump
Cooling Heat Pump
Fireplace N
Exterior
Roof Type Composition
Building
Building Age 50+
Story Two
Sewer Public Sewer
Water Public
Structure Type Wood Siding
Schools
Elementary Schools 11-Draytonville Elem
Middle Schools 7-Mccraken J
High Schools 7-Spartanburg
School District 7 Sptbg Co
Listed by Prime Realty, LLC
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "