$787,500 | 12 beds | N/A full baths | N/A half baths | 4,588 sqft

$710,000
168-174 Pine Shadow Drive
Goose Creek, SC 29445
  • 12Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 4,588SqFt
  • 2004Year Built
  • 0.21Acres
  • MLS# 24002511
  • Multi Family
  • Sold

  • Approx Time on Market2 months, 11 days
  • AreaGoose Creek / Moncks Corner - Hwy52- Cooper River
  • CountyBerkeley
  • Subdivision Pineland Heights

Overview

INVESTOR ALERT! (See MLS# 24002512 for Additional Quadruplex offering next door -- can be sold together). Excellent chance for an investor seeking a recently renovated quadruplex (4 Units) situated in close proximity to the Naval Base and rapidly developing Red Bank corridor in Goose Creek, SC! The offering comprises one building with a total of four (4) SEPARATELY DEEDED, well-maintained units, all currently tenant occupied. New ownership has the flexibility to sell units individually or mark rents to market upon expiration. The subject property features two-story townhome-style units, providing a unique living experience. Rental rates are currently below market, giving new ownership the opportunity to increase rents without much heavy lifting.Updated units in the area are commanding rents in the range of ~$1475 to $1800+ per month for 2/3 bedrooms. The properties have recently undergone significant upgrades, including new HVAC's (2022), new roofs (2023), updated bathrooms, and new LVP flooring in almost all units. The heavy lifting has been completed, presenting a turnkey investment opportunity. Again, all units are SEPARATELY DEEDED, offering the flexibility to sell units individually, either immediately or in the future. Further, tenants have separate utilities; they are responsible for their electricity and water, enhancing the property's profitability. Don't miss out on this distinctive opportunity in the rapidly developing Red Bank area of Goose Creek!



Sale Info

Listing Date: 01-31-2024

Sold Date: 04-12-2024

Aprox Days on Market: 
    2 month(s), 11 day(s)

Listing Sold: 
    7 month(s), 2 day(s) ago

Original Asking Price: $787,500

Asking Price: $787,500

Selling Price: $710,000

Price Difference From Original: 
Reduced By $77,500

Price Difference From Asking: 
Reduced By $77,500

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:  2004

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  Other (Use Remarks)

Garage:  No

Attached Garage:  No

Interior Features

Fireplace:  No

Lot Info

Lot Size:  0.21

Lot Size Units:  Acres

Acres:  0.21

Lot Sqft:  9147.6

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  B

Stories:  2

Foundation:  Slab

Exterior:  Vinyl Siding

New Construction:  No

Roof:  Architectural, Asphalt

Property Subtype:  None

Building Area Units:  Square Feet

View:  No

Home Warranty:  No

Habitable Residence:  No

Structure Type:  Condominium, Quadruplex

Room Info

Beds:  12

Sale / Lease Info

Sold Date:  2024-04-12T00:00:00

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Sqft Info

Unit Sqft:  1,147

Unit Sqft:  1,147

Unit Sqft:  1,147

Unit Sqft:  1,147

Sqft:  4588

Unit Info

Number of Units Total:  4

Unit Bedrooms:  3

Unit Bedrooms:  3

Unit Bedrooms:  3

Unit Bedrooms:  3

Utilities / Hvac

Water Source:  Public

Utilities:  BCW & SA, Berkeley Elect Co-Op, Charleston Water Service

Heating:  Yes

Heat:  Electric, Forced Air

Water Sewer:  Public Sewer

Cooling:  Central Air

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Goose Creek Primary

Middle:  Sedgefield Intermediate

High:  Goose Creek

Directions

Redbank Rd, Turn On Bayshore Blvd, Left On Pineshadow Drive.

Courtesy of listing office Avenue Realty Company  - 843-277-5845

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On maisonchs.com since Wed, Jan 31st 2024
No Property History recorded for this listing.

Residential, Land, Other Disclaimer:

Broker Reciprocity 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 11-14-2024 6:13 AM 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.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 11-14-2024 6:13 AM EST est.

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