181 Fairview Ave Spartanburg, SC 29302
- Residential income homes
- 0.30 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 181 Fairview Ave
- Year built
- 1927
- Lot size
- 0.30 lot acres
- Property type
- Residential income homes
- APN
- 712357385169
Description
This exceptional multifamily investment opportunity presents a fully occupied four-unit property situated on a 0.3-acre lot in Spartanburg, South Carolina. The main house, built in 1927, features three bedrooms and two and a half bathrooms. Three additional studio-style units are located at the rear of the property, each offering one bedroom and one bathroom. This property enjoys a prime location, offering convenient access to local amenities and educational institutions. It's within walking distance of Converse College and less than a ten-minute drive from Wofford College and the vibrant downtown area of Spartanburg. The asking price for this turnkey investment is $380,000, representing a price per unit of $95,000. The property's address is 181 N Fairview Ave, Spartanburg, SC 29302, and its APN is 712357385169. This represents a strong addition to any existing portfolio or a perfect entry point for new investors seeking a stable, high-occupancy rental property in a desirable location. The property's excellent location and strong rental income make it an attractive investment opportunity with significant potential for future growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spartanburg
- County
- Spartanburg
- State
- South Carolina
- Longitude
- -81.9165423
- Latitude
- 34.9570394
