$650,000
SOLD JUL 11, 2025

53 County Road S-22-577 Unit Apartment Complex Georgetown, SC 29440

8 Beds
4 Baths
8,848 Sq Ft
1999 Built

Recently Sold

$73 Per Sq Ft

25% Below List Price

32 Days on Market

About This Home

As of July 2025

Seize this exceptional opportunity to acquire an 8-unit apartment building, ideally situated minutes from the Georgetown waterfront. Each residence features a well-appointed 2-bedroom, 1-bathroom layout, complete with a full kitchen, in-unit laundry, and individual utilities. Currently, seven of the eight units are occupied, ensuring immediate income generation. One unit is vacant and ready for renovation, offering further value enhancement. This property is poised for seamless transition upon closing. Enjoy the convenience of a short drive to historic downtown Georgetown, with its delightful shops, waterfront dining, and local attractions. An investment of this caliber is not to be missed.

Last Agent to Sell the Property

The Mills Group

Century 21 Barefoot Realty Listed on: 04/07/2025

Century 21 Barefoot Realty

Last Buyer's Agent

Lynne Mooney

Palmetto Pointe Realty, Inc. License #66328

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1999

Home Design

  • 8,848 Sq Ft Home
  • Vinyl Siding

Schools

  • Mcdonald Elementary School
  • Georgetown Middle School
  • Georgetown High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • 8 Units

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Apartment

Year Built

Built in 1999

Listing Details

  • Amenities Available: Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1999
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 04/07/2025
  • Total Heated Sq Ft: 8848
  • Two Bedroom Rent Range: 800-975
  • Number2 Br Units: 8
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1999

Interior Features

  • Total Sq Ft: 8848

Exterior Features

  • Exterior Finish: Vinyl Siding

Garage/Parking

  • Type: Apartments

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Water Public
  • Heating Cooling: Central Heat, Central Air

Lot Info

  • Zoning: GR

Multi Family

  • Number Of Units: 8

MLS Schools

  • Elementary School: McDonald Elementary School
  • HighSchool: Georgetown High School
  • Middle School: Georgetown Middle School
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Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2025 07/11/25 Sold $650,000 -24.9% $73 / Sq Ft
04/07/2025 04/07/25 For Sale $865,000 -- $98 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2508748

Coastal Carolinas Association of REALTORS®
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