NOT LISTED FOR SALE
9 Beds
4 Baths
3,437 Sq Ft
7,405 Sq Ft Lot

Last Sold July 01, 2021

Last sale price $625,000 $182 Per Sq Ft

60 Days on Market

Highlights

  • Cooling Available
  • Wood Siding
  • Heat Pump System
  • Property is near a bus stop

About This Home

As of July 2021

New metal roof and vinyl siding just installed. Other upgrades include new metal roof on the main building. New windows, hot water heaters and LVT floors. All Units have central heat and air except for unit F that has a new front pressure treated deck. Property is being sold AS-IS. Unit B is currently vacant and can be shown. There are are 3 Two Bedrooms One Bath units and 3 One bedroom units. All units are on the first floor except for Unit B that on the 2nd level.Rent role is as follows:Unit A 850, Unit B 1000, Unit C 850, Unit D 950, Unit E 1000, Unit F 850.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 7,405

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 9 Bedrooms
  • 3,437 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • 7,405 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units
  • Park Circle Subdivision

Building Details

  • Operating Expense $6,000
  • Gross Income $66,000
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1943
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: 9447
  • Co List Office Phone: 843-737-0708
  • Subdivision Name: Park Circle
  • Directions: Take I-526 To The N Rhett Ave Exit To Park Circle. Take A Right Onto S Rhett Ave And The Property Will Be On The Left And Side. Unt B Is The Upstairs Unit On The Corner Of Dunwoody And S Rhett.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: More than 4
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator
  • Total Bedrooms: 9

Exterior Features

  • Roof: Asphalt, Metal
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space, Slab
  • Property Condition: Pre-Owned

Garage/Parking

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

Utilities

  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy

Condo/Co-op/Association

  • Community Features: Bus Line

Schools

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

Lot Info

  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Map Number: 4701500037

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 66000
  • Property Net Operating Income: 60000
  • Annual Operating Expense: 6000

Range of Values:

Collateral Analytics

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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
07/01/2021 07/01/21 Sold $625,000 -- $182 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Map

Source: CHS Regional MLS

MLS Number: 21001929

CHS Regional MLS