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Miles Maiden

yourgvlrealtor@gmail.com +1(864) 999-3353

$ 375,000

Est. payment -/mo

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181 N Fairview Avenue Spartanburg, SC 29302

6 Beds

6 Baths

3,630 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,630 sqft

Price per Sqft $103

MLS Listing ID 1600898

Bedrooms 6

Full Baths 5

Half Baths 1

Construction Status 50+

HOA Y/N no

Year Built 1927

Annual Tax Amount $8,456

Lot Size 0.300 Acres

Lot Dimensions 207 x 63

Property Sub-Type Triplex

Property Description

Excellent investment opportunity! This four-unit property is located directly across from Converse University and just minutes from downtown Spartanburg, Wofford College, shopping, dining, and major employers. Each unit has its own private entrance, and all four units are currently leased with a strong history of consistent occupancy. The front unit is a nearly 2,000 SF home featuring a large front porch, separate living and dining rooms, a spacious kitchen, three bedrooms, and two-and-a-half bathrooms. Located behind the main home are three additional units, including two one-bedroom, one-bathroom apartments and one loft-style one-bedroom, one-bathroom unit. Parking is available in both the front and rear of the property, providing convenient access for all residents, with ample parking serving the three rear units. Whether you're looking to expand an existing portfolio or acquire your first multi-unit investment, this fully occupied property offers immediate cash flow with significant value-add potential. The combination of a proven rental history, a highly desirable location, and opportunities to increase rents through future updates or improved management make this an attractive investment with room for income growth.

Location

State SC

County Spartanburg

Area 033

Interior

Heating Baseboard, Electric, Heat Pump, Natural Gas

Cooling Electric, Heat Pump

Fireplace No

Appliance Gas Water Heater, Water Heater

Exterior

Parking Features Paved

Community Features None

Roof Type Composition

Building

Building Age 50+

Story 2

Foundation Basement, Crawl Space/Slab, Sump Pump

Sewer Public Sewer

Water Public

Level or Stories 2+Basement

Construction Status 50+

Schools

Elementary Schools Drayton Mills

Middle Schools Mccraken

High Schools Spartanburg

Others

Acceptable Financing None

Listing Terms None

Listed by Prime Realty, LLC

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Miles Maiden

+1(864) 999-3353

yourgvlrealtor@gmail.com

Miles Maiden

181 N Fairview Avenue Spartanburg, SC 29302

Key Details

Location

Interior

Exterior

Building

Schools

Others

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181 N Fairview Avenue