205A Floyd Rd, Spartanburg, SC 29303

Triplex like building offering three individual studio apartments. Priced at an enticing $225,000, this property presents a remarkable value for investors seeking strong cash flow and future growth potential. Each studio apartment is thoughtfully designed and currently rented at attractive rates, contributing to a combined monthly rental income of $2,600. Unit B rents for $750 per month, Unit C for $900 per month, and Unit A for $950 per month. These rental rates, coupled with the desirable location and low vacancy rates, make this property an excellent addition to any investor’s portfolio. All units currently leased. In addition to the three studio apartments, this property also features a fenced-in area and a small office space with a carport. Currently utilized for heavy equipment storage, the versatility of this property opens up a range of possibilities for future use. The superb location, as previously mentioned, offers easy access to downtown Spartanburg, interstate connections, and a wealth of amenities. Residents of these studio apartments will enjoy the convenience of nearby shopping, dining, and entertainment options. With a combined rental income of $2,600 per month and an asking price of $225,000, this property represents a compelling investment opportunity, providing excellent cash flow and potential for future appreciation. Don’t miss out on this chance to secure a solid investment in Spartanburg’s thriving real estate market. Contact us today to schedule a private showing and explore the potential this property holds for your financial future!