Bought with NorthGroup Real Estate LLC
$1,100,000
$1,300,000
15.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4,213 SqFt
SOLD DATE : 08/15/2023
Key Details
Sold Price $1,100,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,213 sqft
Price per Sqft $261
Subdivision Rivers Point
MLS Listing ID 23013334
Sold Date 08/15/23
Bedrooms 8
Year Built 1985
Lot Size 0.280 Acres
Acres 0.28
Property Description
Rare opportunity for a turnkey James Island quadplex with 4 separate tax map numbers. Each unit features 2 bedrooms, 1.5 baths, large eat-in kitchens and nice living spaces. There are private courtyards in the back with a privacy fence and gates for each unit. There is also front fencing with gates. All windows were replaced in 2019, Cement plank siding in 2020, and all units have new flooring. HVAC's are 2020 & 2018. Just 4 miles to MUSC, 6 miles to Folly Beach, and in an X flood zone, these would make fantastic furnished mid term rentals grossing well over $100k per year at current market rates. All units have separate electric and water meters. There is ample parking in the rear and more at streetside. There is no HOA and there are no monthly fees.
Location
State SC
County Charleston
Area 21 - James Island
Interior
Cooling Central Air
Exterior
Utilities Available Charleston Water Service, Dominion Energy
Roof Type Architectural
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Harbor View
Middle Schools Camp Road
High Schools James Island Charter
Others
Financing Cash, Conventional
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