156 Garrett Street new Save Request In-Person Tour Request Virtual Tour
Spartanburg,SC 29302
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,980 sqft
Price per Sqft $139
MLS Listing ID 1565137
Bedrooms 8
Full Baths 4
Construction Status 50+
HOA Y/N no
Year Built 1916
Building Age 50+
Annual Tax Amount $9,628
Lot Size 7,405 Sqft
Property Sub-Type Quadruplex
Property Description
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!
Location
State SC
County Spartanburg
Area 033
Interior
Heating Baseboard,Electric,Natural Gas
Cooling Central Forced,Electric,Multi Units
Fireplace No
Appliance Electric Water Heater,Water Heater
Exterior
Parking Features Off Street
Community Features None
Roof Type Composition
Building
Story 2
Foundation Crawl Space
Sewer Public Sewer
Water Public
Construction Status 50+
Schools
Elementary Schools Drayton Mills
Middle Schools Mccraken
High Schools Spartanburg
Others
Acceptable Financing None
Listing Terms None