About Bishop Road
Five-unit multifamily investment opportunity in Inman, SC with current scheduled gross rents of $7,500 per month ($90,000 annually). Rent roll consists of three units at $1,500/month, one unit at $1,400/month, and one unit at $1,600/month. The property offers in-place cash flow, diversified unit income, and potential upside through improved operations and rental growth, subject to market conditions. Suitable for investors seeking a small multifamily asset with immediate income and long-term hold potential. This remarkable investment portfolio offers a rare chance to capitalize on two maintained duplexes and a charming standalone home, each boasting 3 bedrooms and 2 baths on over 2.6 acres total. Spartanburg county 3 tax map: 1-39-00-071.04 1-39-00-071.06 1-39-00-071.01 All properly recorded/permitted at the county. Manufactured home is detitled.
Features of Bishop Road
| MLS® # | 1584520 |
|---|---|
| Price | $985,000 |
| Bedrooms | 12 |
| Bathrooms | 8.00 |
| Full Baths | 8 |
| Acres | 2.60 |
| Year Built | 2022 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | Bishop Road |
|---|---|
| Subdivision | None |
| City | Inman |
| County | Spartanburg |
| State | SC |
| Zip Code | 29349 |
Amenities
| Amenities | None |
|---|---|
| Parking | Paved, Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Electric Water Heater |
|---|---|
| Heating | Electric, Heat Pump |
| Cooling | Electric, Heat Pump |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Roof | Architectural, Composition |
| Construction | 1-5 |
| Foundation | Crawl Space, Slab, Other |
School Information
| Elementary | Inman |
|---|---|
| Middle | Mabry |
| High | Chapman |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Casey Breitenbach |
|---|---|
| Office | Brighten Real Estate Group, LLC |