305 Ferrari Drive
Spartanburg, SC 29378
- 6 beds
- 5 baths
- 3,136 sqft
- ~1/2 acre lot
- $62 per sqft
- 1979 build
- – on site
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.
Last checked:
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Last updated Apr 7, 2025
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MLS# 1553325 —
The Building
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Year Built:1979
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Construction Materials:Other
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Building Area Total:3136
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Levels:One
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Stories:1
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Roof:Metal
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Foundation Details:Other
Interior
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Flooring:Unit 1: Dishwasher,Disposal,Refrigerator,Vinyl Floor,Stand Alone Rng-Electric, Unit 2: Dishwasher,Disposal,Refrigerator,Vinyl Floor,Stand Alone Rng-Electric
Room Dimensions
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Living Area Units:Square Feet
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Property Condition:31-50
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Lot Size Acres:0.39
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Lot Size Area:16988.4
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Lot Size Dimensions:153 x 91 x 175 x 93
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Lot Size SqFt:16988.4
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Lot Size Units:Square Feet
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Parcel Number:61310003.020206836
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Horse:false
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (864) 867-2384
- Office phone:
- (864) 877-6111
Taxes
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Tax Annual Amount:509
Beds
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Bedrooms Total:6
Baths
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Total Baths:5
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Full Baths:5
Heating & Cooling
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Heating:Baseboard, Heat Pump
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Heating:true
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Cooling:Central Forced
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Cooling:true
Utilities
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Water Source:Public
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Sewer:Public Sewer
Appliances
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Appliances:Unit 1: Dishwasher,Refrigerator, Unit 2: Dishwasher,Refrigerator, Electric Water Heater
Schools
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Elementary School:Arcadia
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Middle Or Junior School:Fairforest
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High School:Dorman
The Community
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Subdivision:SC
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Subdivision Name:None
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# of Total Units:4
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Community Features:None
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Association:false
Parking
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Parking Features:Two Spaces
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/7/25
Apr 7, 2025
|
Listed / Active | GGAR | $194,900 |