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Property profile & analytics
OFF-MARKET
Commercial real estate

507 Belmont St Spartanburg, SC 29303

1,678 SF
Property ID
US77-2693919
Property summary
AI-generated overview

This well-maintained, two-unit apartment building presents a fantastic investment opportunity in the desirable Spartanburg, South Carolina area. Located at 507 Belmont Street, this property boasts a total of approximately 1,678 square feet, with each unit featuring two bedrooms and one bathroom. The property's convenient location offers easy access to key amenities and infrastructure. It's situated approximately one mile from Spartanburg Regional Hospital, providing proximity to a major medical center. Furthermore, its close proximity to downtown Spartanburg allows residents easy access to the city's vibrant cultural scene, restaurants, and shopping. The property benefits from its location just off Highway 176, while simultaneously enjoying the quietude of a residential street with minimal through traffic. The Spartanburg County Tax Map Number (TMS) is 7-08-9-115.00. Financial details are available upon request. This property is a solid investment in a growing area, offering a strong potential for rental income and appreciation. The asking price for this attractive duplex is $189,000. Serious inquiries are encouraged to explore this promising investment opportunity further. Additional duplexes in the area may also be available.

Property profile
Verified
Property type Commercial real estate
Total area 1,678 SF
APN 7-08-9-115.00
UPID US77-2693919
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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