An Investors Dream! Perfect multi-unit compound or investment property with four units on 2 .21 acre lots in the coveted Riverland Terrace subsection of James Island. This great Investment property is located 4 miles from downtown Charleston and 5 miles from Folly Beach and 13 miles to Charleston Int. Airport. With 3 years of a gross monthly income ranging from $4,500 to $6,000/Mo. This is a great investment in a great Market. 426 offers a 2 bedroom 1 story 1940s home, newly renovated furnished garage studio apartment, 2 car garage port and workshop. Original interior, plaster walls, arches, refinished hardwood floors throughout, large living room, eat in kitchen, formal dining, hall with 2 bedrooms and shared bath/laundry. Full front porch, large attic, lots of large closets and originaldetails. An extremely charming time capsule. 428 has efficiency apt on 1st floor with a full front porch, a completely renovated 2 bedroom 1 bath apt upstairs and a shared laundry. Street to street lots with plenty of parking. Also features large outdoor entertainment area with fireplace, covered eating area and oyster pit, etc.. All units currently rented with good long term tenants.
Listing Date: 10-18-2018
Sold Date: 12-18-2018
Aprox Days on Market: 
1 month(s), 29 day(s)
Listing Sold: 
5 Year(s), 4 month(s), 8 day(s) ago
Original Asking Price: $649,000
Asking Price: $649,000
Selling Price: $625,000
Price Difference From Original:
Reduced By $24,000
Price Difference From Asking:
Reduced By $24,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Community Features: Boat Ramp, Bus Line
Year Built: 1940
Rent Control: No
Pool Private: No
Gar Pkg: 2 Car, Garage
Garage: Yes
Attached Garage: No
Interior Features: Ceiling Fan(s)
Fireplace: No
Laundry Features: Dryer Connection
Lot Size: 0.42
Lot Size Units: Acres
Acres: 0.42
Lot Sqft: 18295.2
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: B
Stories: 2
Foundation: Crawl Space, Slab
Exterior: Aluminum Siding, Asbestos, Block/Masonry
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Duplex, Single Family Detached
Beds: 6
Sold Date: 2018-12-18T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Unit Sqft: 700
Unit Sqft: 500
Unit Sqft: 450
Unit Sqft: 1,300
Sqft: 2785
Number of Units Total: 3
Unit Bedrooms: 2
Unit Bedrooms: 1
Unit Bedrooms: 2
Unit Bedrooms: 1
Water Source: Public
Utilities: James IS PSD, SCE & G
Heating: Yes
Heat: Electric, Heat Pump
Water Sewer: Public Sewer
Cooling: Yes
Waterfront: No
Courtesy of listing office Seabrook Island Real Estate