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About This Home
This 8-bedroom, 4-bathroom residential multi family at 156 Garrett Street in Spartanburg, SC is listed for $395,302. Built in 1916, on a 0.17 acres lot.
Don't miss this prime investment property featuring four 2-bedroom, 1-bath units. Currently, two units are occupied with strong rental history, generating a combined rental income of $1,750/month, with the third and fourth units previously renting for $900/month-total potential income of $3,550/month.
Situated just off East Main Street in School District 7, this multifamily property is conveniently located near shopping, public transportation, and is within walking distance to Converse College.There is a newer roof, all appliances have been updated in the last 3 years.
The area is experiencing notable new development, making this an ideal time to invest. Each unit is separately metered for utilities, offering added convenience and flexibility for tenants and owners alike. The property is being sold "AS-IS." Whether you're a seasoned investor or just entering the market, this is a solid income-generating asset with strong rental history and growth potential. Schedule your showing today and take the next step toward building your portfolio!
Key Features
- Built in 1916
- 0.17 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$2,114/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
156 Garrett Street
Spartanburg, SC 29302
Property Details
Parking
Heating
Cooling
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 156 Garrett Street is listed at $395,302. The estimated monthly payment is $1,713 based on 20% down at 6.5% interest.
Key features include: Built in 1916, 0.17 acre lot, 2 stories.
This property is listed by Shanda Davey and can be reached at 8436963458 or shanda.davey@herlong-sir.com.