NOT LISTED FOR SALE
16 Beds
6 Baths
7,050 Sq Ft
0.31 Acres

Last Sold July 25, 2017

Last sale price $282,000 $40 Per Sq Ft

47 Days on Market

About This Home

As of July 2017

INVESTOR SPECIAL! Great opportunity to own a 7 unit complex centrally located to I-526, 26, downtown, Boeing. Currently under renovation and near completion. You get to put the finishing touches on! Units were gutted and new plumbing, electric, HVAC duct work, insulation, flooring, and a two new roofs were installed. Projected rents are 1100 for the house, 850 for the two 3 bed units, 750 for the two 2 bed units, 650 for the 1 bed, and 550 for the efficiency unit. Projected expenses are 13,000.

Last Agent to Sell the Property

Darren Finan

Lowcountry Property Team License #93897 Listed on: 05/12/2017

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.31 Acre Lot

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Masonry

Interior Spaces

  • 16 Bedrooms
  • 7,050 Sq Ft Home
  • 2-Story Property

Schools

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

Utilities

  • No Cooling
  • No Heating

Community Details

Overview

  • 7 Units
  • Charleston Farms Subdivision

Building Details

  • Operating Expense $13,000
  • Gross Income $66,000
  • Net Operating Income $53,000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Subdivision Name: Charleston Farms
  • Directions: From I-526 Take Exit For Rivers Ave/us-52w, Make Right Onto Remount Rd, Make Right Onto Craig Rd, Units Are On The Right.
  • New Construction: No
  • Building Stories: 2
  • Structure Type: More than 4, Single Family Detached
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bedrooms: 16
  • Entry Location: Ground Level

Exterior Features

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

Garage/Parking

  • Open Parking: Yes

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: 13503.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4720800113

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 66000
  • Property Net Operating Income: 53000
  • Annual Operating Expense: 13000

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 List to Sale Price per Sq Ft Prior Sale
07/25/2017 07/25/17 Sold $282,000 +82.2% $40 / Sq Ft
11/24/2015 11/24/15 Sold $154,800 -2.6% $22 / Sq Ft View Prior Sale
09/21/2015 09/21/15 Pending -- -- --
09/19/2015 09/19/15 For Sale $159,000 -- $23 / 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: 17013403

CHS Regional MLS