Marsh Front Multi-Unit Flex Opportunity

Multi-Family for Sale
Catylist Listing ID: 30603125
Property Subtypes: Duplex/Fourplex
Number of Units: 3 Units
Building Size (RSF): 3,911 SF
Gross Building Area: See Agent
Sale Price: $950,000
Unit Price: $316,666.67 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: 4.3%
Last Updated: 7/10/2020

Overview / Comments

Almost 3 acre lot on Tidal Creek with 3 income generating properties. Main house and duplex are currently leased with $4,400 in total income. Development opportunity to add 1 additional dwelling. Property could be subdivided or kept in tact with 4 separate dwelling units. Main house has 5 bedrooms and an inground saltwater pool. This marsh front lot has a .44 acre tidal pond with tidal creek leading out to Coberg Creek. The possibilities are endless on this property.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 11 - W.Ashley inside I-526 to Ashley River
Tax ID/APN: 350-15-00-021
Zoning: R-4 - Single Family Residential 4 District
Percent Occupied: 100%
Community Amenities: Outdoor Pool
Property Condition: Good
Year Built: 1968
Roof Type: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,553 49,283 126,683
Median Age: 43.16 36.89 35.03
Households: 2,405 22,850 53,820

Contact

Photograph of Listing Agent

Jason W Smith

RE/MAX FullSail SCCMLS Member
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