664-666 S Liberty St, Spartanburg, SC 29306
Renovated 12-unit property in Spartanburg with General Residential R-6 zoning and strong occupancy history.
- Added:
- Jun 11, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 20 at 7:05 am
Property Features for 664-666 S Liberty St
General Information
- Standard status
- Active
- Size
- 9,900 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1970
Listing agent Juan Ramos License #136539
Listing office SVN Palmetto
Listing date Jun 11, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SVN Palmetto
HighLights
- 12‑unit property with 100% occupancy rate
- Renovated in 2022 and 2023
- General Residential R‑6 zoning
- Year built includes 1970 construction (historical mention of 1966 and 1970 builds)
Overview
Located at 664-666 S Liberty St in Spartanburg, South Carolina, the property falls under General Residential R-6 zoning, which is noted in the listing as providing flexibility for residential use. The offering also highlights the property’s blend of period construction with the more recent renovation work.
For buyers looking for a multifamily asset, this building’s 12-unit configuration may support straightforward operational management while continuing to benefit from the improvements completed over the last two years. The listing also positions the property as suitable for investors interested in residential rental operations, with zoning identified as General Residential R-6. As presented, it offers an opportunity to acquire a renovated income-oriented property with ongoing occupancy.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $156.8k | $15.84 |
| − Vacancy | −$8.6k | −$0.87 |
| EGI | $148.2k | $14.97 |
| − OpEx | −$66.7k | −$6.74 |
| NOI | $81.5k | $8.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spartanburg
- County
- Spartanburg
- State
- South Carolina
- Longitude
- -81.927632
- Latitude
- 34.9351313
