285 Stone St, Pacolet, SC 29372

$84,900
3
BD
2
BA
1,520
SqFt

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List Price
$84,900
MLS
338365
Beds
3
Baths
2
County
Spartanburg
Neighborhood
Pacolet Mill
Type
Single Family Residential
Year Built
1920

Property Description

Unique investment opportunity in the heart of Pacolet! Currently configured as a 3-bedroom, 2-bath single-family home, this property was originally built as a duplex and could be easily converted back, offering excellent income-producing potential. The home still features two separate entrances and two power meters, and if converted back to a duplex, projected rents are estimated at approximately $800-$900 per side. Recent improvements include two new mini-split HVAC systems and a beautifully remodeled bathroom, while additional renovations remain unfinished, allowing the next owner to add their own finishing touches and build equity. Conveniently located near downtown Pacolet, the property is within walking distance of the exciting new Pacolet Amphitheater development and the scenic walking trail along the Pacolet River. Due to the incomplete renovations, the property is unlikely to qualify for traditional financing and is best suited for cash buyers or renovation loan programs. Don't miss this chance to own a versatile property with strong rental potential in an area poised for continued growth and revitalization.

Additional Information

Subtype
Single Family Residence
Region
Pacolet
Status
ACTIVE
Lot Description
Level
School District
3 Sptbg Co
Living Area
1,520
Neighborhood
Pacolet Mill
Elementary School
3-Pacolet Pr
Middle School
3-Clifdale Middle
High School
3-Broome High
Taxes
$1,680
Roof
Architectural
Foundation
Crawl Space
Water
Public
Sewer
Public Sewer
Appliances
Range
Cooling
Ductless Mini-Split
Water
Public
Sewer
Public Sewer
Foundation
Crawl Space
Roof
Architectural

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Calculator source: Real Geeks

Listing courtesy of of Dahlia Homes.

Listings courtesy of Spartanburg Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.