Outstanding investment opportunity with 9 homes generating gross annual rents of $65,280 for the current owner with all units occupied with a waiting list! All homes have been very recently updated including some with new electric central heat and air, new roofs, windows vinyl siding, flooring and much more. One unit has gas heat. Offered in "as is" condition. Specific unit addresses- 755,767,771,1643,1645,1647,1649 and 1651 Wofford St.
2.87 acres with 8 mobile home sites that have septic, water, and electricity & 1 house. All have tenants except 1 has been renting for 11 to 12 yrs, all have separate mail boxes on the road. 1 mobile home has 3 bedrooms, 2 bath, others have 2 bedrooms, 1 bath. This is a corporation and can go with the property if buyer would like.The 4 lots that are vacant (have had homes on them in the past) are ready to park mobile homes on. SJWD allows the owner 5000 of water free, as the owner pays water and all are on 1 monthly bill, but only starts charging for the water after the $5000 used limit. Owner keeps grass cut, usually one of the renters would do it for the seller, one of the home homes just became empty (renter had lived there for 11 yrs) and he passed recently, and he always took care of the grass for the owners. This unit is ready for a new renter, so income stated for 4 mobile homes has now been changed recently, only 3 rental incomes from MH now anf one for the house.
This duplex has a good floor plan and is in good condition with double carport on the rear. Good tenants with Unit B rented through housing authority. One side has three bedrooms. Tax appraisal value is $106,800. Units are to be sold "As-Is".
Architecture Style: Other
Cooling System: Heat Pumps
Exterior Type: Brick Veneer
Heating System: Heat Pump
Lot Size: 0.46 Acres
Parking Type: Driveway, Off Street, Paved or Surfaced
Duplex is situated in between down town Spartanburg with its many stores, restaurants, churches, Wofford College and Converse College and the West Side with Westgate Mall, restaurants and many spwcialty stores.