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For sale
  • $194,900

    305 Ferrari Dr, Spartanburg, SC 29301

    6beds
    3,136sqft
    : 
    Quadruplex, Multi Family
    Built in 1979
    -- sqft lot
    $-- Zestimate®
    $62/sqft
    $-- HOA

    What's special

    Roof coatingPartial window replacementFully renovated manufactured homesBrand-new drivewayPrepped with exterior paint
    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.
    19 days
    on Zillow
    |
    938
    |
    57
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    Zillow last checked: 7 hours ago

    Listing updated: April 07, 2025 at 11:55am

    Listed by:

    Kristin Hunteman 864-867-2384,

    Realty One Group Freedom

    Source: Greater Greenville AOR,MLS#: 1553325MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 305 Ferrari Dr.

    Next available tour time:Tomorrow at 6:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Baseboard, Heat Pump
    Cooling
    • Central Forced
    Appliances
    • Included: Unit 1: Dishwasher, Refrigerator, Unit 2: Dishwasher, Refrigerator, Electric Water Heater
    Features
    • Flooring: Unit 1: Dishwasher, Disposal, Refrigerator, Vinyl Floor, Stand Alone Rng-Electric, Unit 2: Dishwasher, Disposal, Refrigerator, Vinyl Floor, Stand Alone Rng-Electric
    Interior area
    • Total structure area: 3,136
    • Total interior livable area: 3,136 sqft

    Property

    Parking
    • Parking features: Two Spaces
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.39 Acres
    • Dimensions: 153 x 91 x 175 x 93
    Details
    • Parcel number: 61310003.020206836

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Other
    • Foundation: Other
    • Roof: Metal
    Condition
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: None
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Spartanburg

    Financial & listing details

    • Price per square foot: $62/sqft
    • Date on market: 4/7/2025
    • Listing terms: Owner May Carry
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