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- MLS#21006345
- TypeMulti-Family
- CountyCHARLESTON
- CityNorth Charleston
- AreaN. Charleston Inside 526
- Zip29405
- Style
- Price$ 475,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2377
- Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Southeastern Property Group
Data Source:
Charleston Trident
Property Description
This is an opportunity to acquire a turnkey, cash flow positive, commercial/multi-family property along Charleston's growth corridor. Current multi-family rents and 100% occupancy make this an attractive cash flowing property and commercial zoning, opportunity zone status and Lowcountry Rapid Transit access provide buyer with numerous exit strategies over the coming years.List Price: $475,000Revenue: $5,175 per month or $62,100 per yearMulti-family, 8 Units (1 storage), Fully occupiedCommercial Zoning, Opportunity Zone, Street-to-street with frontage on Rivers AvenueAlong Lowcountry Rapid Transit route (Near "Shipwatch Square" Transit Hub)Current owners have spent the last two+ years: oInvesting in capital improvements such as a new roof, drainage, etc.o Addressing deferred maintenance o Optimizing tenants and rents including securing leases and collecting security deposits " Property Management company in place (they also rent the storage unit)
Elementary School | Middle School | High School |
---|---|---|
Mary Ford Elementary School | Morningside Middle School | Military Magnet Academy High School |
Price History | |
---|---|
3/11/2021 | Listed $475,000 |
General Features
Arch Style | Quadplex |
---|---|
Elementary School | Mary Ford |
High School | Military Magnet Academy |
Listing Area | 31 - North Charleston Inside I-526 |
Middle School | Morningside |
Stories | 2.0 |
Interior Features
Ground Level | Yes |
---|---|
Total Number of Units | 8 |
Exterior Features
Acreage | 0.20 |
---|---|
Exterior | Block/Masonry, Wood Siding |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool