North Charleston, SC 29405
- 6Beds
- N/AFull Baths
- N/AHalf Baths
- 2,050SqFt
- 1960Year Built
- 0.15Acres
- MLS# 21003366
- Multi Family
- Sold
- Approx Time on Market1 month, 15 days
- AreaNorth Charleston Inside I-526
- CountyCharleston
- Subdivision Chicora Place
Overview
Great Investment property for any investor looking for SOLID CASH FLOW! Six large one bedroom apartments with lots of off street parking. This property has been completely renovated down to the studs, to include new electrical, plumbing, kitchens, bathrooms, flooring, appliances, windows and doors! 5 units currently rented at 735 each on year leases, market can be up to 750 per unit bringing total annual gross rents to $54,000.00 a year! This area is poised for major growth with the new port opening around the corner, it also is located in an Opportunity Zone which may qualify for some great tax advantages. Minimal expenses on this property makes for an aggressive cash on cash return percentage in the double digits.
Sale Info
Listing Date: 02-08-2021
Sold Date: 03-24-2021
Aprox Days on Market: 
1 month(s), 15 day(s)
Listing Sold: 
3 Year(s), 7 month(s), 14 day(s) ago
Original Asking Price: $400,000
Asking Price: $400,000
Selling Price: $390,000
Price Difference From Original:
Reduced By $10,000
Price Difference From Asking:
Reduced By $10,000
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: 1960
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: 0.15
Lot Size Units: Acres
Acres: 0.15
Lot Sqft: 6534
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: B
Stories: 1
Foundation: Crawl Space
Exterior: Brick
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: More than 4
Room Info
Beds: 6
Sale / Lease Info
Sold Date: 2021-03-24T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Sqft: 2050
Unit Info
Unit Bedrooms: 1
Unit Bedrooms: 1
Number of Units Total: 6
Unit Bedrooms: 1
Unit Bedrooms: 1
Unit Bedrooms: 1
Unit Bedrooms: 1
Utilities / Hvac
Heating: No
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
Spruill Ave, Left On Carlton St, Property Is On The Left.Courtesy of listing office Lowcountry Property Team