203 Caulder Circle,Spartanburg, SC 29306
Spartanburg, SC 29306
Description
Unlock the potential of this fully renovated building shell, positioned for a high-yield investment project or Single Family Home located close to everything Spartanburg has to offer. The structure has already undergone significant improvements, including updated roof rafters, new flooring systems, and key structural upgradesproviding a solid foundation for your vision while saving substantial time and construction costs. . . With flexible zoning and layout possibilities, the property can be potentially completed as up to 7 income-producing rental units with additional laundry and storage income opportunity, or reimagined as a single-family residence, duplex, or mixed-use concept depending on your investment strategy. . . Key Investment Highlights: Purchase Price: $325,000, Potential Layout: Up to 7 rentable units, Estimated Completion Cost: ~$57,000 per unit, Major Structural Work Completed: Roof framing, flooring, and core structural updates, Blank-Slate Interior: Customize layouts, finishes, and unit configurations to maximize ROI. . . Value-Add Opportunity: Ideal for home owners or investors seeking strong rental income potential or a resale strategy. With the heavy structural work already completed, this property significantly reduces the early construction phase and allows investors to focus on finishing.
Details
| MLS # | 334565 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 191 |
| Listing Provided By | Brand Name Real Estate Upstate | Robert Turchetta |
Features
| SQ Feet | 5,970 |
|---|---|
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.53 |
Exterior
| Construction Materials | Block |
|---|---|
| Foundation Details | Basement, Slab |
| Lot Features | Some Trees |
Location
| Community Features | None |
|---|
Taxes
| Property | 1094 |
|---|
Area Information
| State | SC |
|---|---|
| County | Spartanburg |
| City | Spartanburg |
| Zip Code | 29306 |
| Area | Spartanburg |
| School District | 7-Spartanburg |
| Elementary School | 7-Mary Wright |
| High School | 7-Spartanburg |
| Listing VS Median (in 29306) | |
Price: $350,000 low | high Med: $249,900 sqft: 5,970 low | high Med: 1,476 $ / sqft: $59 low | high Med: $172 On site: 191 low | high Med: 274.5 | |
Market Activity 29306
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Learn More About This Property
| State | SC |
|---|---|
| County | Spartanburg |
| City | Spartanburg |
| Zip Code | 29306 |
| Area | Spartanburg |
| School District | 7-Spartanburg |
| Elementary School | 7-Mary Wright |
| High School | 7-Spartanburg |
| Listing VS Median (in 29306) | |
Price: $350,000 low | high Med: $249,900 sqft: 5,970 low | high Med: 1,476 $ / sqft: $59 low | high Med: $172 On site: 191 low | high Med: 274.5 | |