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$345,000

Beds
2
Baths
1.5
sq ft
Unknown

47 Wallace St, Greenville, SC 29605

47 Wallace St

Greenville, SC 29605

  • 2 days on market
    • Open house Mar 01
Join Us for Two Exclusive Open House Events This Weekend! Don't miss your chance to tour this stunning home! Visit us on Saturday from 1-3 PM or Sunday from 11 AM-1 PM and experience it all. Come see it in person, ask questions, and envision your future here. See you there! This beautifully renovated 1950's saltbox-style cottage blends cozy charm with chic modern updates. Fully remodeled just two years ago—including plumbing, electrical, HVAC, and roofing—it provides worry-free comfort for years to come. Currently operating as an income-producing short-term rental, this property provides excellent income potential and with furnishings potentially included, a truly turn-key opportunity for investors. From the rocking chair front porch, step into the bright, open-concept living area featuring tall ceilings, natural light, and stylishly blended luxury vinyl and original hardwood floors. The chef-inspired kitchen showcases quartz countertops, stainless appliances, and soft-close cabinetry, ideal for casual entertaining or relaxing evenings at home. The primary bedroom is a peaceful retreat with an en-suite bath and luxurious rainfall shower. A sunny second bedroom and updated second bath incorporate both modern and vintage-inspired touches. Outside, enjoy the spacious deck, perfect for grilling or sipping your morning coffee. The level, fenced backyard includes a cozy firepit, space for gardening, and a secure concrete storage building. Ideally situated moments from downtown Greenville's vibrant shops, restaurants, and parks, conveniently close to hospitals, and with easy access to I-85. Whether you're seeking a charming home, serene getaway, or investment property, this cottage is a unique gem. Schedule your showing today! Note: The multiple listing service does not guarantee compliance of short-term rentals with applicable ordinances, zoning laws, covenants, or regulations.

Details

Property type

Single Family Residence

Est. home value

$298,198

Lot size

0.29 acres

Price per sq ft

Unknown

Year built

1955

Annual property taxes

$7,262

HOA

No

Price History

02/24/2025
GreenvilleSC

GreenvilleSC #1548888

Listed
$345,000
+11.29%
05/16/2023
GreenvilleSC

GreenvilleSC #1497094

Sold
$310,000

Schools & Community

Elementary school: 

Thomas E. Kerns

Middle school: 

Hughes

High school: 

Southside

Community features: 

Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$89,719
Asking price
$345,000
Closing costs (~8% of asking)
-$27,600
Est. remaining loan balance
-$227,681
Cash to seller
$89,719

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nfm Inc

Loan start date

May 2023

Original loan amount

$232,500

Est. remaining balance

$227,681

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Tiffany Brewer and Mitchell Brewer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/26/2025 at 11:55 AM

Listing updated: 02/25/2025 at 10:16 PM

Listed by: Heather Brady, Bluefield Realty Group Phone #: (864) 362-2375

MLS: GreenvilleSC #1548888

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