540 Glendalyn Avenue Active

Spartanburg,SC 29302-2044

$ 475000

4 Beds

- Bath

3631 SqFt


Key Details

Property Type Multi-Family

Sub Type Apt. 5+

Listing Status Active

Purchase Type For Sale

Square Footage 3,631 sqft

Price per Sqft $130

MLS Listing ID 319901

Bedrooms 4

Construction Status 50+

Year Built 1921

Annual Tax Amount $6,269

Tax Year 2024

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 53x252x47x252

Property Sub-Type Apt. 5+

Property Description

6 Unit apartment home located in desirable area (Converse Heights) with strong rental history, low turnover and room for rental growth. Leases are in place. This single family home was converted into an apartment home several years ago and has steadily been an income producer. There are 4 one bedroom 1 bath units and 2 studio apartments, a foyer and lots of paved parking. The property currently brings in $50,580 a year in leases.

Location

State SC

County Spartanburg, Sc

Area Spartanburg

Interior

Hot Water Electric

Heating Baseboard,Forced Warm Air,Multi-Units

Cooling Multi Units,Window Unit

Exterior

Parking Features Off Street,On Street,One Space,Paved Driveway,Two Spaces

Roof Type Composition Shingle

Building

Sewer Public Sewer

Water Public Water

Level or Stories Three+

Structure Type Other/See Remarks,Wood Siding

Construction Status 50+

Schools

Elementary Schools 7-Pine Street

Middle Schools 7-Mccraken J

High Schools 7-Spartanburg

School District 7

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