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Listed price in listed location currency (USD).
$230,000

830

MLS® 1587235

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 2000 sqft
Garage 
Taxes $2,674
Days Active 10
Lot Size 
Approx. Age 
Avg. Price Per Sqft $115
MLS® Number 1587235

Property Address: 1660 Wofford St, spartanburg, SC, 29301-5748

Average square foot calculated using Size range provided by listing agent.

Description

This income-producing property is already generating over 5000 per month and is fully occupied with tenants in place. Located in Spartanburg SC, this 8 bedroom 2.5 bath home is currently operating as a room rental property with weekly rents of 160 to 175 per room, producing an estimated 5120 to 5600 per month or 61440 to 67200 annually. At a purchase price of 230000, this reflects an estimated gross return of 26 percent to 29 percent before expenses. This is a proven, stabilized rental model offering immediate cash flow from day one. Renting by the room allows for significantly higher income compared to traditional single family leasing, while also meeting the growing demand for affordable housing. Ideal for investors interested in workforce or veteran housing. Tenant occupied and fully rented. Do not disturb tenants. Showings require 24 hour notice. Buyers are encouraged to drive by prior to scheduling. Available for immediate purchase.
MLS® Number1587235
Laundry Level1st Floor
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementNone
DrivewaySee Remarks, Gravel, None, Other
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 6, 2026List Date
$230,000List Price

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