156 Garrett Street, Spartanburg, SC 29302

Local realty services provided by:Better Homes and Gardens Real Estate Young & Company
156 Garrett Street,Spartanburg, SC 29302
$415,000
  • 8 Beds
  • 4 Baths
  • 2,980 sq. ft.
  • Multi-family
  • Active
Listed by:shanda davey
Office:encore realty
MLS#:1565137
Source:SC_GGAR

Price summary

  • Price:$415,000
  • Price per sq. ft.:$139.26

About this home

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

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Home facts

  • Year built:1916
  • Listing Id #:1565137
  • Added:13 day(s) ago
  • Updated:August 12, 2025 at 05:39 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,980 sq. ft.

Heating and cooling

  • Cooling:Central Forced, Electric
  • Heating:Baseboard, Electric, Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1916
  • Building area:2,980 sq. ft.
  • Lot area:0.17 Acres

Schools

  • High school:Spartanburg
  • Middle school:McCraken
  • Elementary school:Drayton Mills

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$415,000
  • Price per sq. ft.:$139.26
  • Tax amount:$9,628