Hanahan, SC 29410
- 6Beds
- N/AFull Baths
- N/AHalf Baths
- 2,728SqFt
- 1950Year Built
- 0.23Acres
- MLS# 1309229
- Multi Family
- Sold
- Approx Time on Market7 months, 15 days
- AreaHanahan
- CountyBerkeley
- Subdivision Port Park
Overview
One of the best investments in the area! Total rent per month is $1,900 between the four units. Rents could be raised to $2,200 according to rental manager. There are two 2 bedroom units and two 1 bedroom units. Huge annual cash flow with a estimated cash on cash return of 38%!! Estimated net annual income is $15k a year and a estimated cap rate of 15%. Three of the units have had tenants for a long time and the fourth unit has a new renter. Owner has recently invested $30k into these homes. The 2 homes in the rear of the property have a new metal roof and the building in the front has a new asphalt shingle roof. All new vinyl siding, some new electrical and paint as well. Possibility for new owner to lower tax bill. While the information displayed herein is thought to be accurate, itis your responsibility to independently confirm its accuracy and agent makes no representation about the content in its description.
Sale Info
Listing Date: 04-09-2013
Sold Date: 11-25-2013
Aprox Days on Market:
7 month(s), 15 day(s)
Listing Sold:
10 Year(s), 11 month(s), 16 day(s) ago
Original Asking Price: $105,000
Asking Price: $105,000
Selling Price: $94,000
Price Difference From Original:
Reduced By $11,000
Price Difference From Asking:
Reduced By $11,000
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Association Fees / Info
Bathroom Info
Building Info
Year Built: 1950
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Garage: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lot Size: 0.23
Lot Size Units: Acres
Acres: 0.23
Lot Sqft: 10018.8
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: B
Foundation: Crawl Space
Exterior: Vinyl Siding
New Construction: No
Roof: Asphalt, Metal
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Duplex, Quadruplex, Single Family Detached
Room Info
Beds: 6
Sale / Lease Info
Sold Date: 2013-11-25T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Sqft: 2728
Unit Info
Number of Units Total: 4
Unit Bedrooms: 1
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 1
Utilities / Hvac
Heating: No
Cooling: No
Waterfront / Water
Waterfront: No
Directions
From Remount, Turn Left On Yeamans Hall Rd, Turn Right On Robinson, Home Is On The LeftCourtesy of listing office REMAX Advanced Realty
MLS# 19000596 
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Maison Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 11-10-2024 10:04 PM EST .
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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