510 11th Street
Gaffney, SC 29340

Property Details

Turnkey Investment Opportunity in Gaffney, SC – Dual Rental Homes with Additional Lot Income Available as a package deal, this exceptional investment opportunity features two charming 2-bedroom, 1-bathroom homes, each approximately 960 square feet, and a rented mobile home lot, all conveniently located in a thriving semi-urban neighborhood. The current combined monthly rent is $1,600, with potential to increase to $2,350 based on market rates. Each home is well-maintained with durable steel roofs and efficient 410A HVAC gas packs installed within the last five years. The exteriors boast vinyl siding, and both properties include a 1-car detached garage, providing additional storage or workspace. Inside, you’ll find a mix of hardwood, LVP, carpet, and vinyl flooring, with kitchens featuring vintage charm and room for modern updates. The property’s location offers unbeatable convenience, with stores, schools, and businesses all within walking distance. It’s directly across the street from a new Dollar General, a sign of continued development and a valuable asset for tenants. Nearby amenities include Limestone University, local parks, and quick access to Interstate 85, making commuting to Spartanburg or Charlotte a breeze. Whether you’re a retiree looking for rental income to supplement retirement or an investor with a buy-and-hold strategy, this package delivers steady cash flow and future growth. Don’t miss this rare opportunity to own two income-producing homes in a desirable and accessible location. Current Income Breakdown: • House 1 (602 11th St): $700/month • House 2 (510 11th St): $700/month • Mobile Home Lot: $200/month Asking Price: $200,000 Schedule a showing today and unlock the potential of this incredible investment!

Listed by: Ken Pujdak, 1st Class Real Estate - Focal