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Welcome to 5 Arkmain Street – a move-in ready gem in the heart of Spartanburg! This charming 3-bedroom, 2-bathroom home offers flexibility for every type of buyer—whether you're searching for your first home, downsizing, or expanding your investment portfolio. This home has been lovingly maintained and is turnkey ready, so you can move in or rent it out immediately with peace of mind. With spacious living areas, updated features, and comfortable bedrooms, the layout is perfect for everyday living, entertaining, or hosting guests. For investors, this property is already proven—it’s consistently booked as a short-term rental and would make an excellent Airbnb, long-term rental, or passive income property. For homeowners, it offers affordability and convenience without sacrificing location or quality. Located just minutes from Downtown Spartanburg, you’ll love the easy access to restaurants, coffee shops, boutiques, parks, and cultural events. Plus, you're within walking distance to Dollar Tree—perfect for picking up snacks, essentials, and all the goodies! Nearby institutions like Wofford College, Converse University, and Spartanburg Regional Medical Center make this home appealing to professionals, students, and families alike. Don't miss out on this versatile property in a prime Spartanburg location. Whether you're looking to live, rent, or host—5 Arkmain Street is the opportunity you've been waiting for!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Insurance Division:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $167,920 | $167,920 | $167,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $71 | $71 | $71 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,061 | $1,103 | $1,406 |
Total Monthly Payment | $1,207 | $1,249 | $1,552 |
* 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.