305 Ferrari Drive Spartanburg, SC 29378
Listing Courtesy of: Spartanburg Association of Realtors, Inc. / Coldwell Banker Caine / Kristin Hunteman

  305 Ferrari Drive Spartanburg, SC 29378

Active (118 Days)

Description

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 amenitiesshopping, dining, entertainment, and employmentensures 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.

MLS #:
322228
Taxes
$509(2024)
Lot Size
0.39 acres
Type
Multifamily
Year Built
1979
School District
6
County
Spartanburg County

Listed By

Kristin Hunteman, Coldwell Banker Caine
Source
Spartanburg Association of Realtors, Inc.
Last checked Jul 28 2025 at 4:09 PM GMT+0000
Bathroom Details
Heating and Cooling
  • Heat Pump
  • Central Forced
Exterior Features
  • Roof: Metal
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electricity
School Information
  • Elementary School: 6-Arcadia Elem
  • Middle School: 6-Fair Forest
  • High School: 6-Dorman High
Parking
  • Two Spaces
Stories
  • One
Location
   
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Disclaimer: Copyright 2025 Spartanburg Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The 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 last updated 7/28/25 09:09