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156 Garrett Street, Spartanburg, SC 29302

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For Sale

$415,000

0.17 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Don't miss this prime investment property featuring four 2-bedroom, 1-bath units. Currently, three units are occupied with strong rental history, generating a combined rental income of $2,650/month, with the fourth unit 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. All appliances have been updated in the last 3 years and the seller will install a new range and refrigerator with acceptable offer. 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, and the roof is new. The property is being sold "As Is", with the following lease expirations in place: Unit 1: Leased through 06/30/2026, Unit 2: Leased through 10/31/2025, Unit 3: Vacant, Unit 4: Leased through 07/31/2026. 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! Listing agent, Shanda Davey, Encore Realty, shanda@encorerealtysc.com
MLS# 1565137

Courtesy Of The Parker Group

(864) 326-5047

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Heating System
    Baseboard
  • Lot Size
    0.17 Acres

Map and Directions

Directions to 156 Garrett Street, Spartanburg, SC 29302

Home seller CENTURY 21 Blackwell & Co. Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Blackwell & Co. Realty, Inc.

(864) 596-0390
Learn More About Us

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Monthly Payment Breakdown

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Copyright © 2025 Greater Greenville Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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