North Charleston, SC 29406
- 7Beds
- N/AFull Baths
- N/AHalf Baths
- 4,135SqFt
- 1985Year Built
- 0.35Acres
- MLS# 19000794
- Multi Family
- Sold
- Approx Time on Market2 months, 5 days
- AreaNorth Charleston Inside I-526
- CountyCharleston
- Subdivision Ferndale
Overview
Price Reduction! Bring your offer! Over $50,000 in Gross Income and 10% cap rate! Two parcels and 6-units being sold together. This sale is for the 4-unit building(TMS#472-16-00-284) 1927 Iron Street and the 2-unit building(TMS#472-16-00-282) 1929 Iron Street. Units have undergone renovations with All new roofs on both buildings, parking/driveway, new mailboxes, exterior work on the units and interior work on several as well as new appliances. New fencing just installed as well. Tenants pay all utilities. Rents are still below market so opportunity for 11-12% cap rate! 5, 1-bedroom units and 1, 2-bedroom unit.
Sale Info
Listing Date: 01-09-2019
Sold Date: 03-15-2019
Aprox Days on Market:
2 month(s), 5 day(s)
Listing Sold:
5 Year(s), 7 month(s), 23 day(s) ago
Original Asking Price: $364,500
Asking Price: $364,500
Selling Price: $349,500
Price Difference From Original:
Reduced By $15,000
Price Difference From Asking:
Reduced By $15,000
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: 1985
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: 0.35
Lot Size Units: Acres
Acres: 0.35
Lot Sqft: 15245.999999
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: B
Stories: 1
Foundation: Crawl Space
Exterior: Wood Siding
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
Entry Location: Ground Level
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Duplex, More than 4
Room Info
Beds: 7
Sale / Lease Info
Sold Date: 2019-03-15T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Sqft: 4135
Unit Info
Unit Bedrooms: 1
Unit Bedrooms: 1
Number of Units Total: 6
Unit Bedrooms: 2
Unit Bedrooms: 1
Unit Bedrooms: 1
Unit Bedrooms: 1
Utilities / Hvac
Utilities: SCE & G
Heating: Yes
Water Sewer: Private Sewer, Public Sewer
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
From I26, Take Exit 212c To Merge Onto I-526 E Toward Mt Pleasant. Take Exit 18a To Merge Onto Us-52 E/us-78 E/rivers Ave. From Rivers Ave, Turn Left On Fuller St. Turn Left Onto Piedmont. Turn Right Onto Iron St, And The Property Will Be On The Right.Courtesy of listing office BHHS Carolina Sun Real Estate
MLS# 23017888 
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 11-06-2024 11:50 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.
Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.