305 Ferrari Drive, Spartanburg, SC, 29378

305 Ferrari Drive, Spartanburg, SC, 29378

6 beds

5 Full baths

1979

Spartanburg Investment Goldmine: Immediate Cash Flow & Untapped Potential! (Act Fast!) Imagine: Generating instant rental income while simultaneously unlocking substantial future value. This isn't just another listing; it's your chance to capitalize on Spartanburg's booming real estate market with a property that delivers now and promises even more. Here's the deal: This 0.39-acre mobile home park, strategically located just 10 minutes from vibrant downtown Spartanburg and a mere 2 minutes from I-85, is primed for explosive growth. Instant Cash Flow: Two fully renovated manufactured homes are already generating a combined $1,525/month ($750 & $775). That's immediate, tangible returns hitting your bottom line from day one. (One 2 bed/2 bath and one 2 bed/1 bath) Massive Upside Potential: Two additional shells, already prepped with exterior paint, roof coating, partial window replacement and demolition, are screaming for your vision. These are blank canvases, ready to be transformed into high-demand 2 bed/1 bath rental units, significantly boosting your ROI. Strategic Location: 10 minutes to downtown Spartanburg's thriving amenities—shopping, dining, entertainment, and employment—ensures consistent tenant demand. Plus, instant access to I-85 means effortless commutes, a major draw for renters. Turnkey Infrastructure: Brand-new driveway and established water and power utilities mean minimal upfront costs and smooth operations. Limited Opportunity: Properties like this, offering both immediate income and substantial growth potential, are rare. Don't let this slip through your fingers. This isn't just an investment; it's a launchpad for significant wealth creation. The Spartanburg market is hot, and opportunities like this don't last.


Status:

Active

Type:

Multi-family

Units:

4

Subdivision:

None

Heating:

Baseboard, Heat Pump

Cooling:

Central Forced

Parking:

Two Spaces

Acreage:

0.39

Est. Taxes:

$509

Construction

Other

Amenities:

None

Elementary School:

Arcadia

Middle School:

Fairforest

High School:

Dorman

Appliances:

Unit 1: Dishwasher, Refrigerator, Unit 2: Dishwasher, Refrigerator, Electric Water Heater

MLS #:

1553325


Community Info

School Info

Walk Score

Yelp


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Listing courtesy of Kristin Hunteman, Realty One Group Freedom Phone: 864-877-6111