305 Ferrari Drive Spartanburg, SC 29378
Listing Courtesy of: GREENVILLE SC / Realty One Group Freedom Spartanburg / Kristin Hunteman

  305 Ferrari Drive Spartanburg, SC 29378

Active (20 Days)
$194,900
6
BED
5
BATH
3,136
SQFT

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.

MLS #:
1553325
Taxes
$509
Lot Size
0.39 acres
Type
Multifamily
Year Built
1979
County
Spartanburg County

Listed By

Kristin Hunteman, Realty One Group Freedom Spartanburg
Source
GREENVILLE SC
Last checked Apr 27 2025 at 4:48 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
Interior Features
  • Unit 1: Dishwasher
  • Refrigerator
  • Unit 2: Dishwasher
  • Electric Water Heater
Property Features
  • Foundation: Other
Heating and Cooling
  • Baseboard
  • Heat Pump
  • Central Forced
Flooring
  • Unit 1: Dishwasher
  • Disposal
  • Refrigerator
  • Vinyl Floor
  • Stand Alone Rng-Electric
  • Unit 2: Dishwasher
Exterior Features
  • Roof: Metal
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Arcadia
  • Middle School: Fairforest
  • High School: Dorman
Parking
  • Two Spaces
Stories
  • 1
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Realty ONE Group Freedom and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Greater Greenville Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 4/27/25 09:48