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4 Beds
4 Baths
2,818 sqft

$585,000

48 Tierra Drive, Waterloo SC, 29384

Price per sqft$207.59
Built in2000
Property size2,818 sqft
Property typeOther
Courtesy of KELLER WILLIAMS GREENVILLE CENTRAL, Listing Contact: 864-923-6140

Overview

Active

Listed Jul 31, 2026

Updated 2 weeks ago

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.

$3,892/mo

Est. mortgage payment based on a $585,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
342014

Interior Features

Bedrooms
4
Bathrooms
4
Basement
No

Exterior Features

Lot Size
1.28 Acres

Other Property Details

Taxes
$1,614
Tax Frequency
Annually
Garage
Yes

Also listed on AAR and GGAR

Listings courtesy of Spartanburg Association of REALTORS® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Judy Johnson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 2:26 PM UTC on 9/23/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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