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Key Details
Sold Price $225,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,642 sqft
Price per Sqft $137
Subdivision None
MLS Listing ID 1503631
Sold Date 09/07/23
Bedrooms 2
Full Baths 2
HOA Y/N no
Year Built 1952
Annual Tax Amount $2,227
Lot Size 0.740 Acres
Property Description
Welcome to an exceptional investment opportunity in Spartanburg, SC! This impressive duplex, conveniently located near downtown and the interstate, offers a great return on investment potential for seasoned investors and an ideal house hacking opportunity for new investors or first-time home buyers. Priced attractively at $225,000, this duplex features two separate 1-bedroom, 1-full bath units, each currently renting for $1,200 per month. The consistent rental income makes this property an attractive choice for investors seeking cash flow and long-term profitability. Originally a single-family, all-brick home, this property has been skillfully converted into a duplex, maximizing its rental potential while maintaining its solid construction and timeless charm. The well-designed layout ensures privacy and comfort for tenants in each unit. The excellent location of this duplex is a major highlight, providing easy access to downtown amenities, entertainment, dining, and shopping. With its proximity to the interstate, residents will enjoy convenient commuting options to neighboring areas and beyond. Whether you’re a seasoned investor seeking to expand your portfolio or a new investor or first-time home buyer looking to house hack and generate rental income, this duplex presents a prime opportunity. Don’t miss out on the chance to make a smart investment in Spartanburg’s thriving real estate market. Contact us today to schedule a private showing and explore the potential this duplex holds for your financial future!
Location
State SC
County Spartanburg
Area 033
Interior
Heating Electric, Forced Air
Cooling Central Forced
Flooring Unit 1: Refrigerator, Hardwood Floor, Stand Alone Rng-Electric, Unit 2: Refrigerator, Hardwood Floor, Stand Alone Rng-Electric
Fireplace No
Appliance Unit 1: Refrigerator, Unit 2: Refrigerator, Electric Water Heater
Exterior
Parking Features Two Spaces
Community Features None
Roof Type Composition
Building
Story 1
Foundation Crawl Space
Sewer Public Sewer
Water Public
Schools
Elementary Schools Chapman
Middle Schools Carver
High Schools Spartanburg
Others
Acceptable Financing None
Listing Terms None
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Bought with Laura Simmons & Associates RE
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Michael Skillin
Broker Associate | License ID: 39180
Broker Associate License ID: 39180