203 Caulder Cir - Specialty FOR SALE


Spartanburg, SC 29306- Forest Park
$325,000 USD
864-909-6991
203 Caulder Cir, Spartanburg, SC for Sale
$325,000 USD
Specialty - FOR SALE
1/13
null | 9.4% Cap Rate

NEW


203 Caulder Cir
Spartanburg, SC 29306
Forest Park


HIGHLIGHTS

  • Ready to finish out for cash flowing opportunity
  • Close to downtown and all Spartanburg Amenities
  • Additional walkout basement square footage for laundry, storage, or concert to an 8th unit

OVERVIEW

Unlock the potential of this fully renovated building shell, positioned for a high-yield investment project. The structure has already undergone significant improvements, including updated roof rafters, new flooring systems, and key structural upgrades—providing a solid foundation for your vision while saving substantial time and construction costs. With flexible zoning and layout possibilities, the property can be completed as up to 7 income-producing rental units or reimagined as a single-family residence, duplex, or mixed-use concept depending on your investment strategy. Key Investment Highlights: • Purchase Price: $325,000 • Potential Layout: Up to 7 rentable units • Estimated Completion Cost: ~$57,000 per unit • Major Structural Work Completed: Roof framing, flooring, and core structural updates • Blank-Slate Interior: Customize layouts, finishes, and unit configurations to maximize ROI • Value-Add Opportunity: Ideal for investors seeking strong rental income potential or a resale strategy

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$35 USD /SF

CAP RATE

9.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,190 SF

ZONING

Residential

APN/PARCEL ID

7-16-07-067.00

ASK ABOUT THIS PROPERTY

Rob TurchettaBrand Name Real EstateMore Info
864-909-6991

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Rob TurchettaBrand Name Real EstateMore Info
864-909-6991

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.