MLS ID: 1599365
For Sale - $585,000

About this property

Bedrooms 4
Baths 4
sq2 2999
Lot Size 1.2800 acres
DOM 62

Address

Address:
48 Tierra Drive
City:
Waterloo
Zip Code:
29384
County:
Laurens
State:
SC

Features and Amenities

Cooling
Central Air
Heating
Electric
Floors
Luxury Vinyl
Roof
Architectural
Laundry Features
1st Floor
Appliances
Electric Oven, Electric Water Heater
Pool Features
Above Ground
Community Features
None
Interior Features
Ceiling Fan(s)
Fireplace Features
None
Lot Features
1 - 2 Acres, Few Trees
Style
Duplex Style
Other
Electric, Lake, Water Access, Waterfront, None, Water, Detached, Gravel, Other, RV Access/Parking, Boat

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.

Schools

Name Address Phone Type Grade
Waterloo Elementary 10457 Highway 221 South 8646774670 Public PK-5 SPED
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subdivision
Active Listings
Avg DoM
Avg Price
1
130
$24,900
other , Waterloo
2
402
$287,871

Mortgage Calculator

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Interest Rate as of: Thu, Oct. 01, 2026
$585,000Home Price
$585,000Monthly payment
$585,000Amount Financed
$585,000Annual cost of Loan

Map

SEE THIS PROPERTY

James Schiller

James Schiller

Realtor, Brand Name Real Estate
Live Chat:
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The information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS boards of the SC Realtors.

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48 Tierra Drive, Waterloo, SC, 29384