NOT LISTED FOR SALE
1 Bed
1 Bath
13,088 Sq Ft
1.14 Acres

Last Sold March 13, 2017

Last sale price $1,150,000 $88 Per Sq Ft

29 Days on Market

Highlights

  • 1.14 Acre Lot
  • Cooling Available
  • 4-minute walk to Charleston Farms Community Center
  • Whirlpool Bathtub
  • Forced Air Heating System

About This Home

As of March 2017

Califf Arms Apartments is a 24 unit low-rise apartment complex in North Charleston. The complex is two buildings. Each building is 12, one bedroom, one bathroom apartments. The complex has been very well maintained by the owners and presents many opportunities to continue to add value. The units are very easy to rent and rarely have any vacancies. All of the units have dedicated central heat and air. Each tenant pays own electricity and landlord pays water bill from master meter. However, in 2016 tenants began paying $40 per month additional for water. These figures not included in 2015 numbers. Conveniently located near Remount Road and Rivers Ave. I-26 and I-526 are each easily accessible from the complex. 2015 Gross income was just below 153k. 2016 Income will surpass that.

Last Agent to Sell the Property

Troy Gandee

Maven Realty License #84320 Listed on: 11/23/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 1.14 Acre Lot

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Architectural Shingle Roof
  • Masonry

Interior Spaces

  • 13,088 Sq Ft Home
  • 2-Story Property
  • Dryer

Bedrooms and Bathrooms

  • 1 Bedroom
  • Whirlpool Bathtub

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • 24 Units
  • Gross Income $153,000

Listing and Financial Details

  • Tenant pays for electricity, water & sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1970
  • Lot Size Acres: 1.14
  • Subdivision Name: None
  • Directions: Turn Off Of Remount Rd Onto Califf Rd. Complex Is At The End Of Califf Rd On Right.
  • New Construction: No
  • Building Stories: 2
  • Structure Type: More than 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Spa Features: Whirlpool
  • Appliances: Dryer, Refrigerator
  • Total Bedrooms: 1
  • Entry Location: Ground Level

Exterior Features

  • Roof: Architectural
  • Construction Type: Block/Masonry
  • Foundation Details: Slab
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: SCE & G
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 49658.399999
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water & Sewer

Tax Info

  • Tax Map Number: 4731300101

Multi Family

  • Number Of Units Total: 24
  • Annual Gross Income: 153000

Range of Values:

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List 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
03/13/2017 03/13/17 Sold $1,150,000 -- $88 / 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: 16029985

CHS Regional MLS