Multifamily investment opportunity in rapidly growing area that is a mere 4 minute drive to Park Circle's variety of restaurants, breweries and shopping. 7 Minutes to Dwntwn Charleston and less than 20 minutes to Sullivan's Island beach! Surrounding streetscape starting to change as we speak. Growth continues on old navy base with naval hospital converting into apartments and ongoing construction nearby for 165Ksf of commercial office space. Lowcountry Rapid Transit system will impact this area in a large way. Being sold ''as is'' - no further repairs will be made. Bldg origin dates back to the 1940's & was inhabitable at time of purchase. All four units currently occupied. New roof 8/22. No dedicated driveway - off street parking. Owner does not pay flood insurance.
Listing Date: 06-22-2023
Sold Date: 08-10-2023
Aprox Days on Market: 
1 month(s), 18 day(s)
Listing Sold: 
8 month(s), 19 day(s) ago
Original Asking Price: $480,000
Asking Price: $480,000
Selling Price: $468,000
Price Difference From Original:
Reduced By $12,000
Price Difference From Asking:
Reduced By $12,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Year Built: 1940
Rent Control: No
Pool Private: No
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Interior Features: Ceiling Fan(s)
Fireplace: No
Lot Size: 0.10
Lot Size Units: Acres
Acres: 0.10
Lot Sqft: 4356
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: B
Stories: 2
Foundation: Crawl Space
Exterior: Vinyl Siding
New Construction: No
Roof: Architectural
Property Subtype: None
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Quadruplex
Beds: 6
Sold Date: 2023-08-10T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 2618
Number of Units Total: 4
Unit Bedrooms: 2
Unit Bedrooms: 1
Unit Bedrooms: 2
Unit Bedrooms: 1
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Electric
Water Sewer: Public Sewer
Cooling: Other
Cooling: Yes
Waterfront: No
Courtesy of listing office Carolina One Real Estate - 843-779-8660