NOT LISTED FOR SALE
7 Beds
-- Bath
3,478 Sq Ft
9,583 Sq Ft Lot

Last Sold December 26, 2012

Last sale price $911,625 $262 Per Sq Ft

37 Days on Market

Highlights

  • Neighborhood Views
  • Building Patio
  • Laundry Facilities
  • Laurelwood Elementary School Rated A
  • Tile Flooring
  • Car Wash Area

About This Home

As of December 2012

Rare 1-Story 4-Plex in Prime SC location. Long term tenants are Month to Month. Rents are well below market rate. Price reflects Market rents with a GRM of 12 with a total ROI over 9%! Only showing will be Sunday 9/23 from 1-4. Newer roof. Double Paned Windows. Fresh exterior paint. Nice curb appeal! New side fences. 5 Carport Spaces! Nice property with excellent upside potential.

Last Agent to Sell the Property

Gary Nobile

Corcoran Icon Properties License #01068890 Listed on: 09/21/2012

Corcoran Icon Properties

Last Buyer's Agent

Mitch Wong

Intero Real Estate Services License #01375495

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 9,583

Parking

  • Carport

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,478 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $54,600
  • The owner pays for garbage, services - gardener/landscaping, hot water

Community Details

Overview

  • 3,478 Sq Ft Building
  • Car Wash Area

Amenities

  • Building Patio
  • Laundry Facilities

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,818
  • Maintenance Expense $2,000
  • Utility Expense $1,000
  • Operating Expense $16,298
  • Gross Income $54,488

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: RC
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 262.11
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3478
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Varies By Unit, Refrigerator
  • Living Sq Ft: 3478
  • Stories: 1
  • Laundry: 220 Volt Outlet, Washer/Dryer - Owned Coin-Op, Community Facility
  • Flooring: Tile, Laminate, Carpet - Wall To Wall, Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1, Carport

Utilities

  • Heating System: Wall Furnace, Electric
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Common, Car Wash Area

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9702.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9702.00
  • Lot Size Area Min Search: 9702.00
  • Maximum Lot Size: 9702.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.17

Multi Family

  • Expense Insurance: 1818
  • Expense Landscape: 1200
  • Expense Maintenance: 2000
  • Expenses Total: 16298
  • Expenses Utility: 1000
  • Expense Water Sewer: 3440
  • Income Annual Gross: 54488.00
  • Income Annual Rental: 54600
  • Income Gross Scheduled: 55600
  • Income Includes: Laundry, Lease
  • Income Laundry: 1000
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Master Electric, Master Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Hot Water, Utilities - Gas, Insurance, Maintenance - Laundry, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor, Utilities - Water
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Hot Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric
  • Vacancy Amount: 1112
  • Vacancy Factor: 2

Range of Values:

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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
12/26/2012 12/26/12 Sold $911,625 +1.4% $262 / Sq Ft
10/28/2012 10/28/12 Pending -- -- --
09/21/2012 09/21/12 For Sale $899,000 -- $258 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81234972

MLSListings

APN: 313-16-032