Your Home, Your Dream, Our Mission

48 Tierra Drive
Waterloo, SC 29384

Property type: Mixed Use
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Active

$ 585,000

$207.59/sqft

4 bd 4 ba 2818 sqft 1.28 acre

Valentina Ragozinski - Real Estate Broker in Spartanburg, SC
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Valentina Ragozinski

Investment Opportunity on Lake Greenwood – Income Producing Property! Looking for strong cash flow with built-in flexibility? This unique Lake Greenwood investment property generates $5,000+ per month in gross rental income potential, with receipts and income documentation available upon request. The property features a duplex, three full RV hookups, and multiple income streams, making it an outstanding addition to an investment portfolio. The owner currently occupies the left side of the duplex and is willing to lease it back from the new owner, allowing an investor to step into an income-producing asset from day one. Whether you're looking for a true investment property or a house-hacking opportunity, you also have the option to live in one side of the duplex while renting the other unit and all three RV sites to help offset—or potentially cover—your housing expenses. Additional features include owned solar panels serving the left-side unit, an above-ground pool, a detached outbuilding/workshop, and lakefront access on beautiful Lake Greenwood. With multiple revenue streams, flexible ownership options, and excellent cash-flow potential, opportunities like this are hard to find. If you're searching for an income-producing lake property with immediate rental potential and long-term flexibility, schedule your showing today.

Beds: 4 Baths: 4 Lot size: 1.28 acres Year built: 2000
Interior Features
  • stories
    One
  • garage spaces
    1
  • subdivision
    None
Exterior Features
  • construction
    Vinyl Siding
Schools
  • district
    8 (Outside Sptbg Co)
  • elementary
    Other
  • middle
    Other
  • high
    Other

Listed by:
Jordan Surrett Lic. #33524
KELLER WILLIAMS GREENVILLE CENTRAL Lic. #440

MLS ID: 342014

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Listing updated on 2026-11-07

Spartanburg Association of REALTORS