North Charleston, SC 29405
- 6Beds
- N/AFull Baths
- N/AHalf Baths
- 2,618SqFt
- 1940Year Built
- 0.10Acres
- MLS# 21013218
- Multi Family
- Sold
- Approx Time on Market1 month, 21 days
- AreaNorth Charleston Inside I-526
- CountyCharleston
- Subdivision Chicora Place
Overview
Taking offers on a great multifamily investment opportunity in a rapidly growing area. This property has great potential and consists of 4 units: 2 - two bedroom and 2 - one-bedroom apartments. Once renovated, the quadplex is capable of generating a gross monthly income of over $3000, based on comparable properties. The immediate area is changing quickly with continued growth on the old navy base, plans to re-develop the naval hospital into 300+ apartments, and construction under way of a 165,000 sq ft commercial office space. The Lowcountry Rapid Transit system will also run very close by. The property is in need of repair, Buyer will need to determine the level of updates depending upon their strategy. This offering price reflects an as-is sale, no repairs will be made.Four individual electric meters. Electric panels, plumbing, vinyl siding, roof, windows, and doors were all updated 10-15 years ago. Agent is part owner.
Sale Info
Listing Date: 05-17-2021
Sold Date: 07-09-2021
Aprox Days on Market:
1 month(s), 21 day(s)
Listing Sold:
3 Year(s), 4 month(s), 1 day(s) ago
Original Asking Price: $199,000
Asking Price: $199,000
Selling Price: $185,000
Price Difference From Original:
Reduced By $14,000
Price Difference From Asking:
Reduced By $14,000
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
Community Features: Bus Line
Bathroom Info
Building Info
Year Built: 1940
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Garage: No
Attached Garage: No
Interior Features
Interior Features: Ceiling Fan(s)
Fireplace: No
Lot Info
Lot Size: 0.10
Lot Size Units: Acres
Acres: 0.10
Lot Sqft: 4356
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: B
Stories: 2
Foundation: Crawl Space
Exterior: Vinyl Siding
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
Special: Handy Man Special
Entry Location: Ground Level
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Quadruplex
Room Info
Beds: 6
Sale / Lease Info
Sold Date: 2021-07-09T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Unit Sqft: 568
Unit Sqft: 574
Unit Sqft: 456
Unit Sqft: 808
Sqft: 2618
Unit Info
Number of Units Total: 4
Unit Bedrooms: 1
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 1
Utilities / Hvac
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Electric
Water Sewer: Public Sewer
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
Spruill Ave To Calvert St. 1911 On LeftCourtesy of listing office Lighthouse Real Estate, LLC
MLS# 22010598 
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 7:29 AM EST .
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