Waterfront
Address
48 Tierra Drive, Waterloo, SC
Price
$ 585,000
Property Attributes
  • MLS#1599365
  • TypeSingle Family
  • Listing Status Active
  • CountyLAURENS
  • CityWaterloo
  • Zip29384
  • StyleDuplex Style
  • Taxes$ 1614
  • Price$ 585,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2818
  • Lot Size1.28 Acres
Data Source:
Greater Greenville MLS (GGMLS)
Property Description

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.

Elementary School Middle School High School
Waterloo Elementary School Hickory Tavern Middle School Laurens Dist 55 High School
Price History
8/7/2026 Listed $585,000

General Features

Sewer Public Sewer,Septic Tank
Heating Electric
Cooling Central Air,Electric
Roof Architectural
Appliances Electric Oven,Electric Water Heater
Garage Spaces 1
Association Fee Includes None
Patio/Porch Features Deck
Architectural Style Duplex Style
Pool Features Above Ground
Construction Materials Vinyl Siding
Electric Photovoltaics Seller Owned
View Water
Stories Count 1
Levels One
Property Subtype Mixed Use
Tax Year 2025
Waterfront Features Lake,Water Access,Waterfront
Community Features None
County Laurens
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name None
Garage Y/N Yes
Full Baths 4
Status Active
Directions From Uptown Greenwood,take US-25 N toward Waterloo. Turn right onto Harris Landing Road,then left onto Tierra Drive. Continue to 48 Tierra Drive,which will be on the left.
High School Laurens Dist 55
City Waterloo
Senior Community Y/N No
MLS Area Other
Lot Size Units Acres
Lot Size Square Feet 55756.8
Carport Y/N No
Elementary School Waterloo
Tax Annual Amount 1614
Middle/Junior High School Hickory Tavern
Property Condition 11-20
Lease Considered Y/N No
Virtual Tour https://www.zillow.com/view-imx/fdb7af16-880b-4cb8-9058-54bca9192d3b?wl=true&setAttribution=mls&initialViewType=pano
Structure Type Duplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Interior Amenities Ceiling Fan(s)
Basement None
Flooring Luxury Vinyl
Fireplace Features None
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features 1st Floor
Total Bedrooms 4
Main Level Bedrooms 4
Main Level Bathrooms 4
Below Grade Finished Area Unit Type Square Feet
Total Baths 4
Kitchen Area 182
Kitchen Length 13
Kitchen Width 14
Primary on Main 168
Second Bedroom Length 14
Second Bedroom Width 12
Bedroom 3 Area 196
Bedroom 3 Length 14
Bedroom 3 Width 14
Bedroom 4 Area 168
Bedroom 4 Length 14
Bedroom 4 Width 12
Dining Room Area 13
Dining Room Width 10
Living Room Area 143
Living Room Length 13
Living Room Width 11
Primary Bedroom Area 196
Primary Bedroom Length 14
Primary Bedroom Width 14
Dining Room Area 130

Exterior Features

Parking Features Detached,Gravel,Other,RV Access/Parking,Boat
Lot Features 1 - 2 Acres,Few Trees
Water Source Public
Total Parking 1
Lot Size Area 1.28
Foundation Details Slab
Spa No
Lot Size Acres 1.28
Waterfront Y/N Yes
Covered Spaces 1
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 29384

Price
AVG $430K
$590K
Taxes
AVG $1,605
$1,614
Visits
AVG 119
5
Data Provided by Inside Real Estate®