Gaffney, SC 29340,510 11th ST
Gaffney, SC 29340,510 11th ST
Gaffney, SC 29340,510 11th ST
Gaffney, SC 29340,510 11th ST
Gaffney, SC 29340,510 11th ST
Gaffney, SC 29340,510 11th ST
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$205,000

$200,000

2.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1,920 SqFt


SOLD DATE : 01/22/2025

Key Details

Sold Price $205,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $106

MLS Listing ID 20281816

Sold Date 01/22/25

HOA Y/N No

Year Built 1945

Tax Year 2023

Lot Size 0.600 Acres

Acres 0.6

Property Description

Turnkey Investment Opportunity in Gaffney, SC – Dual Rental Homes with Additional Lot Income
Available as a package deal, this exceptional investment opportunity features two charming 2-bedroom, 1-bathroom homes, each approximately 960 square feet, and a rented mobile home lot, all conveniently located in a thriving semi-urban neighborhood. The current combined monthly rent is $1,600, with potential to increase to $2,350 based on market rates.
Each home is well-maintained with durable steel roofs and efficient 410A HVAC gas packs installed within the last five years. The exteriors boast vinyl siding, and both properties include a 1-car detached garage, providing additional storage or workspace. Inside, you'll find a mix of hardwood, LVP, carpet, and vinyl flooring, with kitchens featuring vintage charm and room for modern updates.
The property's location offers unbeatable convenience, with stores, schools, and businesses all within walking distance. It's directly across the street from a new Dollar General, a sign of continued development and a valuable asset for tenants. Nearby amenities include Limestone University, local parks, and quick access to Interstate 85, making commuting to Spartanburg or Charlotte a breeze.
Whether you're a retiree looking for rental income to supplement retirement or an investor with a buy-and-hold strategy, this package delivers steady cash flow and future growth. Don't miss this rare opportunity to own two income-producing homes in a desirable and accessible location.
Current Income Breakdown:
• House 1 (602 11th St): $700/month
• House 2 (510 11th St): $700/month
• Mobile Home Lot: $200/month
Asking Price: $200,000
Schedule a showing today and unlock the potential of this incredible investment!

Location

State SC

County Cherokee

Area 599-Other Sc County

Rooms

Basement Crawl Space

Interior

Interior Features InteriorFeatures

Heating Gas

Cooling Heat Pump

Fireplace No

Appliance Oven, Range, Water Heater

Exterior

Utilities Available Separate Meters

Water Access Desc Public

Roof Type Metal

Building

Lot Description City Lot, Not In Subdivision

Entry Level One

Foundation Crawlspace

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Vinyl Siding

Schools

Elementary Schools Other

Middle Schools Gaffney Middle

High Schools Gaffney High

Others

Tax ID 099-14-00-009.001

Assessment Amount $1,462

Acceptable Financing USDA Loan

Listing Terms USDA Loan

Financing Conventional

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Listed by 1st Class Real Estate - Focal Point
Bought with 1st Class Real Estate - Focal Point
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"Our goal is to help you cross the raging river of real estate, providing a steady hand as you navigate to the other side—Ford Propeties Group will show you the way"

+1(864) 900-0425

todd@fordpropertiesgroup.com

Greenville, South Carolina, USA

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