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About This Home
This 0-bedroom, 0-bathroom residential multi family at 203 Caulder Circle in Spartanburg, SC is listed for $294,000 ($49 per sqft). the home offers 5,970 sqft of living space on a 0.53 acres lot.
High-Upside Value-Add Investment Opportunity - 7 Unit Conversion. . . Investors and developers-this is the type of project that creates serious equity. . This partially renovated building shell with 11 foot ceilings has already completed major structural improvements including updated roof rafters and flooring systems, significantly reducing early-stage construction risk and cost.
The property is positioned to be completed as up to 7 income-producing rental units, a laundry center, and rentable storage space, giving investors the opportunity to create a strong cash-flowing asset. . .Assuming rents of $1,250/mo. x 7 units with a 35% expense ratio calculates a 9.4% CAP rate, well above average returns.
BRRRR Strategy, Long Term Hold, Short Term Rental. All possible options being located close to employment and recreation. Bring your contractor and calculator to this ready to be finished opportunity.
Key Features
- 0.53 acre lot
Property Details
Monthly Cost Estimate
$1,572/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
203 Caulder Circle
Spartanburg, SC 29306
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 203 Caulder Circle is listed at $294,000 ($49/sqft). The estimated monthly payment is $1,274 based on 20% down at 6.5% interest.
Key features include: 0.53 acre lot.
This property is listed by Robert Turchetta and can be reached at 8649096991 or robturchetta@gmail.com.








