119 Euclid Rd

Spartanburg, SC 29301
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2 bd, 1 ba | 864 sqft | Built in 1940

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List Price
$174,900

Initial Investment

$47,660

Purchase Price

$174,900

Down Payment

25%

Rent

$940

Total Return

$63,390

Annualized Return

16.8%

Cap Rate

3.5%

Gross Yield

6.4%

Cash Flow

-$3,850

Appreciation

8.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,850

HOA

None

Flood Risk

Not Required

Precious Spartanburg home with an oversized and fenced in lot! Enjoy a low maintenance vinyl sided exterior on this cute home that is just minutes from Downtown Spartanburg, I-85, I-26, I-585, and New Cut Road. Basically, you can be anywhere pretty quickly! Inside, you will find laminate flooring throughout - no carpet. Living room is oversized, and could easily accommodate a dining area if you wanted more than a small table in the kitchen. Newer cabinets and laminate countertops make this kitchen cute and functional. Refrigerator remains with the home. A very large laundry room will offer a place for additional storage needs or possibly add a desk there, if you work from home. Two bedrooms are each reasonably sized. Everything inside has been freshly painted, so you can move right on in. Enjoy everything Spartanburg has to offer from this efficient and clean home!

See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566

Annual Financial Highlights

Expected Rent

$10,716

Expenses

-$1,907

Property Taxes

-$3,150

Loan Payments

-$9,508

Net Cash Flow

-$3,850

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Sandy Clayton
Agent License 81388
Keller Williams Grv Upst
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceGreater Greenville AOR MLS
MLS #1508513
Last Updated: 09/18/2023 21:09
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