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156 Garrett St, Spartanburg, SC, 29302

8beds
4baths
2,980sqft
$395,302
$133price/sqft
$2,705/moest. monthly cost
$108,200/yrincome needed

About This Home

Don't miss this prime investment property featuring four 2-bedroom, 1-bath units. Currently, two units are occupied with strong rental history, generating a combined rental income of $1,750/month, with the third and fourth units previously renting for $900/month—total potential income of $3,550/month. Situated just off East Main Street in School District 7, this multifamily property is conveniently located near shopping, public transportation, and is within walking distance to Converse College.There is a newer roof, all appliances have been updated in the last 3 years. The area is experiencing notable new development, making this an ideal time to invest. Each unit is separately metered for utilities, offering added convenience and flexibility for tenants and owners alike. The property is being sold "AS-IS." Whether you're a seasoned investor or just entering the market, this is a solid income-generating asset with strong rental history and growth potential. Schedule your showing today and take the next step toward building your portfolio!

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

3/10
Drayton Mills ElementaryGrades PK-51.2 mi
7/10
McCracken Middle SchoolGrades 6-82.6 mi
5/10
Spartanburg High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1916

Materials

  • Foundation: Crawl Space
  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater,Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Heating & Cooling

  • Heating features: Baseboard,Electric,Natural Gas
  • Cooling features: Central Forced,Multi Units

Interior Area

  • Total structure area: 2,980
  • Total interior livable area: 2,980 sqft

Property

Details

  • Parcel number: 71204025.00

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Unit 1: Porch-Front,Unit 2: Porch-Front,Unit 3: Porch-Front,Unit 4: Porch-Front

Lot

  • Lot size: 7,405 sqft

Parking

  • Parking features: Off Street,On Street
  • Has uncovered spaces: Yes