Sold
Last Sold Price
104 George Way, Gaffney, SC 29341
Multi FamilyProperty Type
3.37 acresLot Size

Description

Fully rented income-producing Mobile Home Park on 3.37 Acres. Located near the Timken and Nestle plants and close to I-85. Park is on one parcel and contains 8 mobile homes, none older than 1993. There are three 2-Bedroom units and five 3-Bedroom units. Total annual income is currently $62,160 with room to increase. Each unit has its own septic, power and water and the tenant pays all utilities. Per the county, no additional septic tanks may be added to the property. Current owner has made over $20,000...Fully rented income-producing Mobile Home Park on 3.37 Acres. Located near the Timken and Nestle plants and close to I-85. Park is on one parcel and contains 8 mobile homes, none older than 1993. There are three 2-Bedroom units and five 3-Bedroom units. Total annual income is currently $62,160 with room to increase. Each unit has its own septic, power and water and the tenant pays all utilities. Per the county, no additional septic tanks may be added to the property. Current owner has made over $20,000 in recent capital improvements. The park is managed by a property management company, so all tenants have been screened and maintenance/repairs are done by qualified individuals. Additional information and maintenance records available upon request. Interior showings only available during the Due Diligence period of a ratified contract.
  • Listed by: Kristine Murfin • Ponce Realty Group, LLC
Listing closed: 03/10/2023 12:00 AM • Source: Greater Greenville AOR as distributed by MLS GRID, MLS#: 1488648

Recent comparable sales

Median sold price

$199,900

Avg days on market

182

Sale-to-list ratio

93.6%

Gaffney, SC

9 comparable properties found

1

$400,000

Sold 11/18/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.48
Acres
$47,500 | 641 Pacolet Highway, Gaffney, SC 29340
1/6
2

$47,500

Sold 05/14/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.57
Acres
$47,500 | 631 Pacolet Highway, Gaffney, SC 29340
1/6
3

$47,500

Sold 05/14/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.61
Acres
$275,000 | 524 West Frederick Street, Gaffney, SC 29341
1/9
4

$275,000

Sold 09/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.89
Acres
$250,000 | 111 West Rutledge Avenue, Gaffney, SC 29340
1/38
5

$250,000

Sold 05/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,827
Square Feet
0.4
Acres
$185,000 | 0 South Johnson Street, Gaffney, SC 29340
1/11
6

$185,000

Sold 08/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.1
Acres
7

$240,000

Sold 06/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.9
Acres
$68,000 | 412 South Green River Road, Gaffney, SC 29341
1/5
8

$68,000

Sold 01/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.04
Acres
$74,500 | Lot 7 West Fairview Avenue, Gaffney, SC 29341
1/5
9

$74,500

Sold 11/22/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.65
Acres

Location

Listing Courtesy of Ponce Realty Group, LLC

Sold By Keller Williams Grv Upst

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Payment Calculator

$2,222 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,881

Property Taxes

$341

HOA Dues

$0

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Property Information for 104 George Way

Property Details
  • Taxes: $4,097 / year
  • MLS Type: Residential Income / Other
  • Subdivision: None
  • Geo Subdivision: SC
  • Parking Per Unit: Other
Building Information
  • Stories: 1
  • Residences: 8
  • Lot Size: 3.37 AC / 146,797 SF
Summary
Location and General Information
  • Directions: Hwy 29 to Morgan Rd. Go approx. 1/4 of a mile to George Way, across from Timken Ponds
  • In City: N
Taxes and HOA
  • Tax ID Number: 064-00-00-005.000
  • Tax Year: 2022
  • Total Taxes: $4,097.00
  • Tax Rate: 6%
  • HOA: N
School Information
  • Elementary School: Goucher
  • Middle School: Gaffney
  • High School: Gaffney
Property
Lot Information
  • Below Grade Finished Square Feet: 0.0
  • Other Rooms Finished Square Feet: 0.0
  • Total Finished Square Feet: 0.0
  • Total Square Feet: 0.0
  • Approx # of Acres: 3.37
  • Unfinished Rooms Square Feet: 0.0
Property and Assessments
  • Class: Multi-Family
  • Type: Other
  • Approx Age: 21-30
  • Enable Schedule It: No
  • Auction: N
  • Documents On File: Leases
  • Special Finances: None
  • Foundation: Crawl Space
  • Amenities Include: None
Utilities
  • Water: Public
  • Sewer: Septic
Interior and Exterior Features
Exterior Features
  • Roof: Other
  • Total Stories: 1
  • Garbage Pickup: Other
  • Exterior Finish: Other
Interior Features
  • Heating System: Electric
  • Cooling System: Electric
  • Water Heater: Electric
Multi Family
Multi-Family Information
  • Total Units: 8
Unit 1
  • Unit 1 Features: Other
Unit 2
  • Unit 2 Features: Other
Unit 3
  • Unit 3 Features: Other
Unit 4
  • Unit 4 Features: Other

Property History for 104 George Way

DateEvent & SourcePriceAppreciation
Mar 10, 2023

Closed (Public Record)

Public Record #1517341861

$370,000

+16.5% / yr

Mar 10, 2023

Closed

SPARTANBURG MLS #296471

$370,000
Mar 10, 2023

Closed

Greater Greenville AOR #1488648

$370,000
DateEvent & SourcePrice
03/10/2023

Closed (Public Record)

Public Record #1517341861

$370,000

+16.5% / yr

03/10/2023

Closed

SPARTANBURG MLS #296471

$370,000
03/10/2023

Closed

Greater Greenville AOR #1488648

$370,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 104 George Way

Taxable ValueLand$7,980Additions$940Total$8,920
Tax Record2023$2,826 ($235 / month)
Home Facts
Total Finished SqFt1,056 SqFtAbove Grade Finished SqFt1,056 SqFtStories1Lot Size146,797 SqFtStyleMobile / Manufactured HomeYear Built1999CountyCHEROKEEAPN064-00-00-005.000

Schools near 104 George Way

This home is within Cherokee 01 School District.
Rating
School
Type
Grades
Distance
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gaffney Middle School
Public6 to 8

Gaffney High School
Public9 to 12

Institute of Innovation
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 104 George Way, Gaffney, SC 29341
$370,000
146,797
$370,000
1,216
146,797

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ponce Realty Group, LLC

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.