NOT LISTED FOR SALE
8 Beds
4 Baths
3,909 Sq Ft
9,583 Sq Ft Lot

Last Sold September 01, 2017

Last sale price $495,000 $127 Per Sq Ft

6 Days on Market

About This Home

As of September 2017

Looking for cash flow?!? This 6 unit is a solid cash cow! 4- 1 bed, 1 bath units in a detached brick quadplex. There is also a brick, side by side, duplex with 2 bed/1 bath per unit. The seller is offering a $15,000 credit, for the buyer to use any way they wish.Strong rental history, and the property is generally in good condition. Surrounded by new construction. With a little upfit, the rents could be dramatically increased. Not in a flood zone. 1181 & 1185 Marigold

Last Agent to Sell the Property

Eric Draper

Charleston Real Estate Group License #8682 Listed on: 07/31/2017

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 8 Bedrooms
  • 3,909 Sq Ft Home
  • 2-Story Property

Schools

  • North Charleston Elementary School
  • Morningside Middle School
  • North Charleston High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units
  • North Charleston Subdivision

Building Details

  • Operating Expense $9,400
  • Gross Income $56,400
  • Net Operating Income $47,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1969
  • Lot Size Acres: 0.22
  • Subdivision Name: North Charleston
  • Directions: Park To S Rhett Ave. Left On Marigold. Corner Of Old Park And Marigold
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex, Quadruplex
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator
  • Total Bedrooms: 8

Exterior Features

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

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Other (Use Remarks)

Utilities

  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: North Charleston
  • High School: North Charleston
  • Middle Or Junior School: Morningside

Lot Info

  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Heat

Tax Info

  • Tax Map Number: 4700700098

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 56400
  • Property Net Operating Income: 47000
  • Annual Operating Expense: 9400

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
09/01/2017 09/01/17 Sold $495,000 -- $127 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 17021463

CHS Regional MLS