NOT LISTED FOR SALE

1088 Berkeley St Hanahan, SC 29410

-- Bed
-- Bath
14,380 Sq Ft
30,928 Sq Ft

Last Sold May 19, 2016

Last sale price $1,150,000 $80 Per Sq Ft

41 Days on Market

Highlights

  • 0.71 Acre Lot
  • No Heating
  • 5-minute walk to Murray Park

About This Home

As of May 2016

This fantastic 22 unit apartment complex has been incredibly well-maintained and has an 8% + cap rate. This property includes 3 separate apartment buildings with 2 bedroom, 1 bath units. 2 parking spaces are included per unit. Rents are currently below market, but it has been tested at the $700 rate and were rented right away. There is a security system in place, and a coin laundry service and vending machine is available onsite. Vending machines can be added for additional revenue. This apartment property is located centrally in Charleston, and it is in a growing area. A backflow test is done every year according to county notice, by county list of contractors, paid on time and test passed every year. The HVAC units are well maintained and have been repaired or replaced over the years

Last Agent to Sell the Property

Michael Beavers

Realty One Group Coastal License #89374 Listed on: 01/05/2016

Realty One Group Coastal

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1977

Lot Details

  • 0.71

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 14,380 Sq Ft Home
  • 2-Story Property
  • Dryer Hookup

Schools

  • Hanahan Elementary And Middle School
  • Hanahan High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • 22 Units
  • Gross Income $97,000

Listing and Financial Details

  • Tenant pays for electricity, water & sewer

Property Details

Home Type

Condominium

Year Built

Built in 1977

Lot Details

0.71 Acres

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1977
  • Lot Size Acres: 0.71
  • Subdivision Name: None
  • Directions: Take Exit 211a-211b From I-26 W. Use The Right Lane To Take Exit 211a-211b For Remount Road Toward Aviation Avenue/air Force Base/hanahan. Keep Right To Continue On Exit 211b, Follow Signs For Remount Road. Continue On Remount Rd/state Rd S-10-13. Drive To Berkeley St In Hanahan.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Condominium, More than 4
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Refrigerator

Exterior Features

  • Construction Type: Brick Veneer
  • Foundation Details: Slab
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Berkeley Elect Co-Op
  • Water Source: Public

Schools

  • Elementary School: Hanahan
  • High School: Hanahan
  • Middle Or Junior School: Hanahan

Lot Info

  • Lot Size Sq Ft: 30927.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Other, Water & Sewer

Multi Family

  • Number Of Units Total: 22
  • Annual Gross Income: 97000
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2016 05/19/16 Sold $1,150,000 -15.1% $80 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $1,354,000 -- $94 / Sq Ft
Source: CHS Regional MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,010 $1,446,418 $140,215 $1,306,203
2024 $27,134 $86,785 $8,413 $78,372
2023 $27,134 $86,785 $8,413 $78,372
2022 $25,859 $75,465 $4,328 $71,137
2021 $25,137 $75,470 $4,656 $70,809
2020 $24,477 $75,465 $4,656 $70,809
2019 $24,741 $75,465 $4,656 $70,809
2018 $22,980 $65,622 $3,918 $61,704
2017 $22,762 $65,622 $3,918 $61,704
2016 $12,790 $45,710 $2,700 $43,010
2015 $12,116 $33,820 $2,400 $31,420
2014 $10,968 $33,820 $2,400 $31,420
2013 -- $33,820 $2,400 $31,420
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Beavers

    Realty One Group Coastal

    (843) 222-1850

    1 in this area

    14 Total Sales

    Michael Beavers
    Section Image

  • N

    Buyer's Agent in 2016

    Non Member

    NON MEMBER

See All Agents

Map

Source: CHS Regional MLS

MLS Number: 16000215

CHS Regional MLS
South Carolina Berkeley County Hanahan 29410

1088 Berkeley St, Hanahan, SC

Not Listed for Sale

Condos

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CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2026 Charleston Trident MLS. All Rights Reserved

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