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203 Caulder Cir 9,200 SF Specialty Building Offered at $325,000 at a 9.40% Cap Rate in Spartanburg, SC 29306
Investment Highlights
- Ready to finish out for cash flowing opportunity
- Additional walkout basement square footage for laundry, storage, or concert to an 8th unit
- Close to downtown and all Spartanburg Amenities
Executive Summary
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
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
Property Facts
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Property Taxes
| Parcel Number | 7-16-07-067.00 | Improvements Assessment | $204 |
| Land Assessment | $1,596 | Total Assessment | $1,800 |
Property Taxes
Parcel Number
7-16-07-067.00
Land Assessment
$1,596
Improvements Assessment
$204
Total Assessment
$1,800
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203 Caulder Cir
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