Spartanburg, SC 29378 305 Ferrari Drive

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Presented By: Kristin Hunteman with Realty One Group Freedom. - 864-877-6111
  • MLS# 1553325
  • 04/07/2025
  • Request Tour
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  • Beds • 6
  • Baths • 5
  • SQFT • 3,136

Home Details

Spartanburg Investment Goldmine: Immediate Cash Flow & Untapped Potential! (Act Fast!) Imagine: Generating instant rental income while simultaneously unlocking substantial future value. This isn't just another listing; it's your chance to capitalize on Spartanburg's booming real estate market with a property that delivers now and promises even more. Here's the deal: This 0.39-acre mobile home park, strategically located just 10 minutes from vibrant downtown Spartanburg and a mere 2 minutes from I-85, is primed for explosive growth. Instant Cash Flow: Two fully renovated manufactured homes are already generating a combined $1,525/month ($750 & $775). That's immediate, tangible returns hitting your bottom line from day one. (One 2 bed/2 bath and one 2 bed/1 bath) Massive Upside Potential: Two additional shells, already prepped with exterior paint, roof coating, partial window replacement and demolition, are screaming for your vision. These are blank canvases, ready to be transformed into high-demand 2 bed/1 bath rental units, significantly boosting your ROI. Strategic Location: 10 minutes to downtown Spartanburg's thriving amenities—shopping, dining, entertainment, and employment—ensures consistent tenant demand. Plus, instant access to I-85 means effortless commutes, a major draw for renters. Turnkey Infrastructure: Brand-new driveway and established water and power utilities mean minimal upfront costs and smooth operations. Limited Opportunity: Properties like this, offering both immediate income and substantial growth potential, are rare. Don't let this slip through your fingers. This isn't just an investment; it's a launchpad for significant wealth creation. The Spartanburg market is hot, and opportunities like this don't last.
Presented By: Kristin Hunteman with Realty One Group Freedom. - 864-877-6111

Interior Features for 305 Ferrari Drive

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths5

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringUnit 1: Dishwasher, Disposal, Refrigerator, Vinyl Floor, Stand Alone Rng-Electric, Unit 2: Dishwasher, Disposal, Refrigerator, Vinyl Floor, Stand Alone Rng-Electric
Heating Y/NYes

General for 305 Ferrari Drive

AppliancesUnit 1: Dishwasher, Refrigerator, Unit 2: Dishwasher, Refrigerator, Electric Water Heater
Attached Garage No
Carport Y/NNo
CitySpartanburg
Community FeaturesNone
Construction MaterialsOther
CoolingCentral Forced
CountySpartanburg
DisclosuresSeller Disclosure
Elementary SchoolArcadia
Full Baths5
Garage Y/NNo
HOANo
HeatingBaseboard, Heat Pump
High SchoolDorman
Lease Considered Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet16988.4
Lot Size UnitsSquare Feet
MLS Area033
Middle/Junior High SchoolFairforest
ModificationTimestamp2025-04-07T18:55:47.900Z
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
Property Condition31-50
Property SubtypeQuadruplex
Property TypeResidential Income
RoofMetal
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameNone
Tax Annual Amount509
Year Built1979

Exterior for 305 Ferrari Drive

Building Area Total3136
Foundation DetailsOther
Horse Y/NNo
Lot Dimensions153 x 91 x 175 x 93
Lot Size Acres0.39
Lot Size Area16988.4
Open Parking Y/NNo
Parking FeaturesTwo Spaces
SpaNo
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Schools

High School Dorman High School
Middle School Fairforest Middle School
Elementary School Arcadia Elementary School

Susan Tallman

REALTOR®
Price $194,900
MLS#1553325
List Date 04/07/2025
Property Type Multi-Family
Phone 864.923.1958
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