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Presented by![]() Karen O'Brien |
Great Investment Opportunity! Have you ever considered living in one unit and renting out the other? If so, take a look at this property it has a lot to contribute. This Duplex is located less than 5 minutes away from downtown Spartanburg. Lots to explore and experience, plenty of shopping, restaurants, parks and recreation, as well as an immense amount of other entertainment options! In close proximity to Converse University and Wofford College. This property consists of two units, each containing 2 bedrooms and 1 bathroom, a living room, kitchen and dining area. Unit A has additional features including washer/dryer hookup and a fireplace located in the living room. Each unit has their own separate entrance and off street parking. This home has many updates including vinyl flooring, contemporary lighting and hardware, and appliances. New HVAC indoor unit installed in Unit A, 2024. Unit A Lease: expired 3/31/25, Rent $1, 125, Unit B Lease: expires 10/31/25, Rent $950. "listing agent related to member ownership group" Property is tenant Occupied. 24 hour notice is required. Please call showing time to request showings.
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$235,000
Sales Associate
William Raveis Real Estate
Phone: 401.662.4888
Karen.OBrien@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $188,000 | $188,000 | $188,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.649% | 5.764% |
Monthly Tax Payment | $218 | $218 | $218 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,082 | $1,187 | $1,535 |
Total Monthly Payment | $1,375 | $1,480 | $1,828 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.