1660 Wofford Street, Spartanburg, SC 29301
Local realty services provided by:ERA Wilder Realty
1660 Wofford Street,Spartanburg, SC 29301
$230,000
- 8 Beds
- 3 Baths
- - sq. ft.
- Single family
- Pending
Listed by: nicole watkins
Office: jpar magnolia group greenville
MLS#:1587235
Source:SC_GGAR
Price summary
- Price:$230,000
About this home
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.
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Home facts
- Listing ID #:1587235
- Added:30 day(s) ago
- Updated:May 07, 2026 at 07:22 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Vinyl
- Kitchen Description:Refrigerator
Heating and cooling
- Cooling:Electric
- Heating:Electric
Structure and exterior
- Roof:Architectural
- Lot Features:1/2 Acre or Less
- Architectural Style:Bungalow, Ranch
- Construction Materials:Vinyl Siding
- Exterior Features:Deck, Porch
- Foundation Description:Crawl Space
- Levels:1 Story
Schools
- High school:Spartanburg
- Middle school:McCraken
- Elementary school:Woodland Heights
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$230,000
- Tax amount:$2,674
Features and amenities
- Appliances:Electric Water Heater, Refrigerator
- Laundry features:1st Floor
- Amenities:int_feat_Split Floor Plan
Parking
- Parking description:Gravel
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