Property Description:
Downtown Spartanburg Assignment
Converse Heights
Highest and Best Offers Please
$460,000 suggested price
Address: 183 Connecticut Ave, Spartanburg, SC 29302
5 BR 4 Bath
3,458 SQFT
Suggested Price = $460,000 OBO
ARV $655,000
$125,000-$155,000 Potential Profit
Link to pics and full info: Click Here
or copy and paste the following:
myemail.constantcontact.com/High-End-Downtown-Spartanburg-Assignment----Highest-and-Best----Move-In-Ready.html?soid=1138445633915&aid=HOVd9xL9A70
(Spartanburg County)
Parcel Tax #: 7-12-08-223.00
Lot Size: Approx. .2 acres
SQFT: 3,458 (County isn't taxing the newly finished space yet)
All offers due by 3PM Jun 15th, 2022
Assignable Contract
DETAILS:
Incredible UNDER MARKET Converse Heights opportunity in the heart of downtown Spartanburg. Two blocks from Main Street. Walking distance from downtown cafes and restaurants, and breweries. Surrounded by high-end rehabs, you can update to taste, or move in just like it is.
Large, high end home in the Converse Heights Historic District. The 5bd/4ba property was built in 1927 and some original fixtures are present. The basement was recently finished (1,056 sqft) and a bathroom added. The 3,458 sqft home features:
Granite countertops
Gas range
Well Maintained Hardwood floors
Mahogany Trim
Beautiful Hardware and Doors
Newly added bathroom is all marble and Cedar
Double commercial steam shower
31 high end windows, including bay window in the front of the house
Plantation shutters
Exterior Features Include:
Off-Street Parking with Garage
Porch, Pergola, Large Balconies, Separate Garage
Architectural roof
Expanded all brick driveway
Landscape: Full landscape, Mature Trees
High End Curb Appeal
Seeking a cash buyer.
This deal will be offered with only 1 walkthrough allowed after signed contract and non-refundable earnest money deposit.
Details
183 Connecticut Ave, Spartanburg, SC
5 Bed 4 Bath
3,458 sqft
Expected High-End Renovation Costs: $45,000.00-$65,000.00
(mostly cosmetic)
ARV: $650,000.00-$680,000.00
Terms
Purchase Price: $460,000.00 OBO
Cash Only
1 Walkthrough Allowed Upon Contract & Earnest
Non-Refundable Earnest Money Required: $2,000.00
Repairs Needed:
One HVAC needs repair, garage door needs to be replaced, two spots (no active leaks) on the ceiling need to be painted, carpet in office needs to be replaced, updates to taste. Exterior and structure are in great shape.