24 Crosscreek Drive offers a fantastic opportunity to invest in a quadriplex on James Island situated close to downtown Charleston. Each unit offers two bedrooms and one-and-a-half baths, a living room, eat-in kitchen and outdoor patio. They also each have their own laundry room and a huge storage closet under the stairs. The current owners have installed a new roof and replaced HVAC units. There are also wood floors on the stairs and upstairs as well as six-inch vinyl plank floors downstairs; one unit has tile downstairs. Two of the current tenants are long-term tenants and their rental rates are lower than current market rates. This is a low-maintenance brick property perfect for an investor or a buyer looking to live in one unit and rent the others on a short- or long-term basis. This quadriplex brings in an annual gross rental income of $53,400 and is in an X flood zone per the new flood maps.
Listing Date: 04-06-2021
Sold Date: 05-06-2021
Aprox Days on Market: 
29 day(s)
Listing Sold: 
2 Year(s), 11 month(s), 22 day(s) ago
Original Asking Price: $725,000
Asking Price: $725,000
Selling Price: $725,000
Price Difference From Original:
Same as Original Price
Price Difference From Asking:
Same as Asking Price
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Year Built: 1980
Rent Control: No
Pool Private: No
Garage: No
Attached Garage: No
Interior Features: Ceiling Fan(s)
Fireplace: No
Laundry Features: Dryer Connection
Lot Size: 0.31
Lot Size Units: Acres
Acres: 0.31
Lot Sqft: 13503.6
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: B
Stories: 2
Foundation: Slab
Exterior: Brick Veneer
New Construction: No
Roof: Architectural
Building Area Units: Square Feet
Entry Location: Ground Level
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Quadruplex
Beds: 8
Sold Date: 2021-05-06T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Unit Sqft: 1,077
Unit Sqft: 1,077
Unit Sqft: 1,077
Unit Sqft: 1,077
Sqft: 4311
Number of Units Total: 4
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Utilities: Charleston Water Service
Heating: Yes
Heat: Electric
Water Sewer: Public Sewer
Cooling: Yes
Waterfront: No
Courtesy of listing office William Means Real Estate, LLC