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305 Ferrari Drive

Spartanburg, SC 29378
  • $194,900
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 1553325
UPDATED: 37 min ago
$194,900
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1979
County:
Area:
033

School Information

Elementary School:
Middle School:
High School:
Offered by Kristin Hunteman of Realty One Group Freedom

Description

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.

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© 2025 Greater Greenville Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty World of The Upstate. Data last updated 2025-04-30T19:01:58.433.
www.myhomeingreenville.com/homes/162308948
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305 Ferrari Drive Spartanburg, SC 29378

  • Price: $194,900
  • Status: Active
  • On Site: 22 Days
  • Updated: 37 min ago
  • ID#: 1553325
0
Beds
0
Baths
0
½ Baths
0.39
Acres
1979
Built
Neighborhood:
None
County:
Spartanburg
Area:
033
Elementary School:
Arcadia
Middle School:
Fairforest
High School:
Dorman
Property Description
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.
Exterior Features

Approx Lot Dimensions 153x91x175x93 Exterior Finish Other/See Remarks Foundation Other/See Remarks Parking Per Unit Two Spaces Roof Metal Stories 1

Interior Features

Cooling System Central Forced Heating System BaseboardHeat Punp Unit1 Bedrooms 2 Unit1 Features DishwasherDisposalRefrigeratorVinyl FloorStand Alone Rng-Electric Unit1 Full Baths 2 Unit1 Sq Ft 784 Unit2 Bedrooms 2 Unit2 Features DishwasherDisposalRefrigeratorVinyl FloorStand Alone Rng-Electric Unit2 Full Baths 1 Unit2 Sq Ft 784 Unit3 Bedrooms 1 Unit3 Features Other/See RemarksNone Unit3 Full Baths 1 Unit3 Sq Ft 784 Unit4 Bedrooms 1 Unit4 Features Other/See RemarksNone Unit4 Full Baths 1 Unit4 Sq Ft 784 Water Heater Electric

Property Features

Approx Age 31-50 Auction YN No Community Amenities None Docs On File Seller Disclosure Garbage Pickup Private Hoa YN No Multifamily Type Quad Sewer Public Special Finances Owner May Finance Water Public

Listing information © 2025 Greater Greenville Association of Realtors MLS
Listing provided by Kristin Hunteman of Realty One Group Freedom: 864-914-1691.


© 2025 Greater Greenville Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty World of The Upstate. Data last updated 2025-04-30T19:01:58.433.
 
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Realty World of The Upstate
109 Commons Way
Greenville SC, 29611
Offered by Kristin Hunteman of Realty One Group Freedom