156 Garrett Street, Spartanburg, SC 29302

$394,302
8
BD
4
BA

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List Price
$394,302
MLS
1597594
Status
ACTIVE
Beds
8
Full-baths
4
County
Spartanburg
Type
Multifamily
Year Built
1916
Stories
2

Property Description

RECENTLY UPDATED AND REPAIRS COMPLETED! 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!

Additional Information

Acres
0.17
Amenities
None
Appliances
Electric Water Heater, Water Heater
Elementary School
Drayton Mills
Exterior
Vinyl Siding
Foundation
Crawl Space
Heating
Baseboard, Electric, Natural Gas
High School
Spartanburg
Middle School
McCraken
Region
033
Roof
Composition
Sewer
Public Sewer
Stories
2
Taxes
$9,977
Total Units
4
Water
Public
Year Built
1916

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Listing courtesy of Herlong Sotheby's International Realty.

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