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    13 Wedgefield Dr Boiling Springs, SC 29316

    Sponsored
    For Sale
    $220,000

    Two-unit brick duplex, excellent rental income.

    Property size:
    1,992 SF

    Description

    Added:
    Jan 22, 2025
    Days on Market:
    350
    This 1,992 square foot multifamily property presents a compelling investment opportunity in the desirable town of Boiling Springs, South Carolina. Located on a quiet street with no through traffic, this property offers two units, each boasting two bedrooms and one bathroom. Unit A currently commands a monthly rent of $675 with a lease expiring November 30, 2024, while Unit B generates $803.50 per month, with a lease expiring June 30, 2025. The property sits on a 0.0457 acre lot and is conveniently located within minutes of Highway 9, offering easy access to major transportation routes. Its proximity to Sherman College adds to its appeal. The property's Spartanburg County Tax Map Number is 2-50-12-078.00. This is an exceptional opportunity for investors seeking a stable, income-producing asset in a highly sought-after location. Financial details are available upon request. The asking price is $220,000.

    Property Features for 13 Wedgefield Dr

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,992 SF
    Price / Square Foot
    $110
    Class
    C
    Elevators
    N/A
    Lot Size
    1,992 SF

    Building Details

    Year Built
    1973
    Buildings
    2
    Stories
    1
    Units
    2

    HighLights

    • Two‑unit, 1,992 sq ft multifamily property in Boiling Springs, SC.
    • Located on a quiet street, minutes from Hwy 9 and Sherman College.
    • Currently generating rental income with leases in place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Auto Repair Shop Daycare Center Kitchen & Bath Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    City
    Boiling Springs
    State
    South Carolina

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    FAQs

    What type of property is this?
    Multifamily property - Two-unit brick duplex, excellent rental income.
    Where is this multifamily property located?
    The property is located at 13 Wedgefield Dr Boiling Springs, SC.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: Two-unit, 1,992 sq ft multifamily property in Boiling Springs, SC.; Located on a quiet street, minutes from Hwy 9 and Sherman College.; Currently generating rental income with leases in place.
    (864) 680-7654
    Request Owner's contact information
    13 Wedgefield Dr Boiling Springs, SC 29316
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    Boiling Springs, SC 29316
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13 Wedgefield Dr Boiling Springs, SC 29316
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