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REDUCED AND PRICED RIGHT TO SELL! LOCATION! LOCATION! LOCATION! UNIQUE LAND OPPORTUNITY! POTENTIAL INVESTOR/DEVELOPER/ DREAM HOME PROPERTY! NOT ZONED/UNRESTRICTED LAND BORDERING CREEK! GREAT PRICE FOR THIS RARE FIND! This approximately 6 acres (5. 7) is located 2 minutes off Wade Hampton Blvd. , where dining, shopping, and more abound, and situated right between the Greenville and Greer areas, with easy direct access to Spartanburg and GREENVILLE/SPARTANBURG International Airport. GREENVILLE the Upstate's most well-renowned city is just 15 minutes away. This one-of-a-kind property is filled with opportunities for an investor to develop, to use for short-term rental, long-term rental, or for the buyer to build his dream-home and have a place for his heritage for years to come. The beautiful land borders a meandering creek, with a little beach for all to enjoy also. There is currently an A-frame residence with a finished lower level and private exterior entrance (which could be possibly used as a long-term rental). In addition, there is an ADU (Accessory Dwelling Unit) attached to the primary single-family home. This unit is about 400 sq ft and has a large open space with kitchenette and a full bathroom. Another separate building has beginning construction for another ADU. There is a possibility of commercial usage. (Seller has rented this entire property for 5k/month to a business. )! LET YOUR IMAGINATION WORK ITS MAGIC FOR YOUR DREAMPLACE FOR YOU AND MULTI-GENERATIONAL LIVING OR BUY FOR YOUR INVESTMENT AND DEVELOPMENT. WHAT A GREAT BUY IN TODAY'S FAST-MOVING WORLD AT THIS PRICE! (If SF is important to buyer, buyer must verify. )
| Type | Dimensions | Level |
|---|---|---|
| Bedroom2 | 14x14 | Main |
| Bedroom3 | 22x28 | Lower |
| Bedroom4 | 14x22 | Main |
| DiningRoom | 11x10 | Main |
| Kitchen | 15x6 | Main |
| LivingRoom | 15x13 | Main |
| PrimaryBedroom | 13x10 | Upper |
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Our Executive Mortgage Banker:
$595,000
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 |
|
|---|---|---|---|
| Loan Amount | $476,000 | $476,000 | $476,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $566 | $566 | $566 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,740 | $3,048 | $3,953 |
| Total Monthly Payment | $3,398 | $3,706 | $4,611 |
* 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.