NOT LISTED FOR SALE

1556 Sumner Ave North Charleston, SC 29406

Park Circle Neighborhood
-- Bed
-- Bath
1,932 Sq Ft
2.76 Acres

Last Sold May 04, 2017

Last sale price $952,505 $493 Per Sq Ft

31 Days on Market

Highlights

  • 2.76 Acre Lot
  • No Heating
  • 3-minute walk to Charleston Farms Community Center

About This Home

As of May 2017

This is a 30 unit income producing property. It consists of one single family residence ($900/month) with a section 8 tenant. Home on a crawlspace with 1163 sqft. There are 2 duplexes totaling 4 units with 2 two bedrooms and 2 one bedroom units. Both on a slab with a 770 sq foot single story and the other is a larger 2 story. Add to that 25 park owned mobile homes to make 30 units total on three parcels. Park has been well cared for with low vacancy. No abandoned trailers or vacant lots. Owner pays water which he calculates in the rental price. There is a small storage shed as well. Seller is adding individual water meters. Tenants pay all other utilities. Potential rents of over $16k per month fully occupied.

Last Agent to Sell the Property

Bradley Weaver

Brand Name Real Estate Listed on: 02/02/2017

Brand Name Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 2.76 Acre Lot

Home Design

  • 1,932 Sq Ft Home

Schools

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

Utilities

  • No Cooling
  • No Heating

Community Details

Overview

  • Charleston Farms Subdivision

Building Details

  • Operating Expense $80,725
  • Gross Income $187,360
  • Net Operating Income $106,635

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1950
  • Lot Size Acres: 2.76
  • Subdivision Name: Charleston Farms
  • Directions: From Remount Turn Onto Attaway Then Right On Sumner. Park On Right
  • New Construction: No
  • Structure Type: House, More than 4
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 120225.599999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4731400090

Multi Family

  • Annual Gross Income: 187360
  • Property Net Operating Income: 106635
  • Annual Operating Expense: 80725

Range of Values:

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Average Value
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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
05/04/2017 05/04/17 Sold $952,505 -- $493 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bradley Weaver

    Seller's Agent in 2017

    Bradley Weaver

    Brand Name Real Estate

    (843) 568-6427

    1 Total Sale

    Bradley Weaver
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Map

Source: CHS Regional MLS

MLS Number: 17002961

CHS Regional MLS
South Carolina Charleston County North Charleston 29406 Park Circle

1556 Sumner Ave, North Charleston, SC

This home is located at 1556 Sumner Ave, North Charleston, SC 29406 since 02 February 2017. This property was built in 1950. 1556 Sumner Ave is a home located in Charleston County with nearby schools including Matilda Dunston Elementary School, Morningside Middle, and North Charleston High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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. © 2025 Charleston Trident MLS. All Rights Reserved

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