Property Details

Photo of 305 Ferrari Drive
Clyde Realty, LLC
700 NE Main
P. O. Box 1171
Simpsonville , SC 29681 View Map
864-979-8852
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Photo of 305 Ferrari Drive Photo of 305 Ferrari Drive Photo of 305 Ferrari Drive Photo of 305 Ferrari Drive Photo of 305 Ferrari Drive Photo of 305 Ferrari Drive Photo of 305 Ferrari Drive Photo of 305 Ferrari Drive Photo of 305 Ferrari Drive Photo of 305 Ferrari Drive Photo of 305 Ferrari Drive Photo of 305 Ferrari Drive Photo of 305 Ferrari Drive Photo of 305 Ferrari Drive Photo of 305 Ferrari Drive Photo of 305 Ferrari Drive

305 Ferrari Drive

Price$ 194,900
StatusActive
1BR Units
2BR Units
3BR Units
Sq Ft
Lot Size0.39
MLS#1553325
Area033-Spartanburg
SubdivisionNone
CountySpartanburg
Approx Age
DescriptionSpartanburg 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.
Features
Unit 1 : 2 Bedroom(s), 2 Full Bath(s), Half Bath(s), 784 Square Feet
Unit 2 : 2 Bedroom(s), 1 Full Bath(s), Half Bath(s), 784 Square Feet
Unit 3 : 1 Bedroom(s), 1 Full Bath(s), Half Bath(s), 784 Square Feet
Unit 4 : 1 Bedroom(s), 1 Full Bath(s), Half Bath(s), 784 Square Feet
Exterior Finish : Other/See Remarks
Heating : Baseboard,Heat Punp
Cooling : Central Forced
Parking Per Unit : Two Spaces
Foundation : Other/See Remarks
Roof : Metal
Water : Public
Sewer : Public
Water Heater : Electric
Unit 1 Features : Dishwasher,Disposal,Refrigerator,Vinyl Floor,Stand Alone Rng-Electric
Unit 2 Features : Dishwasher,Disposal,Refrigerator,Vinyl Floor,Stand Alone Rng-Electric
Unit 3 Features : Other/See Remarks,None
Unit 4 Features : Other/See Remarks,None
Elementary School : Arcadia
Middle School : Fairforest
High School : Dorman

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

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