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Fantastic Downtown Living at Library Commons building nestled in the heart of vibrant downtown Spartanburg, South Carolina. This beautiful condo is 1 bedroom/1 bathroom. This condo is just one block from Main Street and Morgan Square. Enjoy peace of mind with secure parking garage and assigned parking spot, providing exclusive access to your vehicle. A building key FOB ensures safety and convenience to access the building. Interior includes: 9-foot ceilings, crown molding, granite countertops, stainless steel appliances, oversized walk-in shower features tile and glass, with bench seating. This condo is located on the second floor with elevator available. On the 2nd floor is also the community terrace which features a covered pavilion, gas grill, flat-screen TV, and patio furniture, perfect for outdoor relaxation or entertaining guests. Step outside and walk to some of the city's finest restaurants, bars, gyms, shops, and exciting entertainment options. Downtown Spartanburg is bursting with energy, offering a wide variety of seasonal events, including local band performances on Main street during weekends and other local festivals. The new baseball stadium is finished and alive attracting crowds and enhancing the downtown area's appeal. This is the time to buy in downtown Spartanburg while prices are still affordable. Come and enjoy the vibrant atmosphere while also being part of the exciting future of this evolving city. HOA$281 per month includes common area, water, trash, exterior maintenance. Don’t miss the chance for this great investment. EXCELLENT tenant in place pays $1425/mo timely no issues until 12/2026.
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Our Executive Mortgage Banker:
$339,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $271,200 | $271,200 | $271,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.137% | 6.132% | 5.396% |
| Monthly Tax Payment | $417 | $417 | $417 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,519 | $1,624 | $2,162 |
| Total Monthly Payment | $2,011 | $2,116 | $2,654 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.