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Welcome to 709 Crescent Ave — an investor’s dream with significant upgrades already completed and even more potential to finish the home to your liking. NO HOA. This property sits beside an open, undeveloped lot and backs up to City of Spartanburg recreational ball fields, offering privacy and a peaceful setting close to everything. The seller has completed many of the major improvements for you. All floors have been replaced with waterproof laminate. The kitchen has been updated with new cabinets, countertops, and a stylish backsplash, and now features a pass-through opening to the living room for a more open and connected layout. All new windows have been installed, and new wiring has been run for outlets throughout the home along with an upgraded electrical panel. Additional enhancements include new baseboards, a reconfigured layout that adds a proper entrance to the bathroom from the hallway, and newly framed areas for a stackable washer and dryer as well as the water heater. The bathroom has been re-plumbed, and the wall and faucet water lines and shower pan have been installed. The yard is partially fenced, with the fencing recently repaired, and the roof is approximately two years old. A brand-new refrigerator and stove will also be included, though not pictured. The home is fitted for central heat, with the opportunity for the next owner to add air conditioning if desired. This location offers outstanding access to Spartanburg’s best amenities. Downtown Spartanburg is only five minutes away, with quick routes to Wofford College, Converse University, Spartanburg Medical Center, the Creek Golf Club, Carolina Country Club, and the Milliken Arboretum. You are also moments from everyday conveniences, including Highway 29, West Blackstock Road, Costco, numerous restaurants and shopping options, and major travel routes such as I-26. Outdoor escapes like Hatcher Garden and Woodland Preserve are just minutes from the front door, and GSP International Airport is only about twenty-five minutes away. Whether you are an investor seeking your next profitable project or a buyer excited to complete an already-started renovation, 709 Crescent Ave offers exceptional potential, meaningful updates already in place, and a prime Spartanburg location. Homes with this level of opportunity rarely stay on the market long.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$115,000
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 | $92,000 | $92,000 | $92,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.156% | 5.609% |
| Monthly Tax Payment | $148 | $148 | $148 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $522 | $551 | $746 |
| Total Monthly Payment | $745 | $774 | $969 |
* 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.