Bexley St Apartments

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30700682
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 4 Units
Building Size (RSF): 1,750 SF
Gross Building Area: See Agent
Sale Price: $450,000
Unit Price: $112,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Last Updated: 2/4/2021

Overview / Comments

2 Buildings and 4 total apartments. Building 1 is a triplex with 2 One Bedroom apartment and 1 One Bedroom apartment. One of the one bedrooms has been renovated and rents for $850 but could command more. The other one bedroom rents for $500. The 2 bedroom rents for $600. With renovation two of the units could probably double in rental income. 2sd building is a detached, 1 bedroom house, remodeled and rented at $1100 month. Both units that have been remodeled have split Mitsubishi HVAC systems and vinyl plank floors. All units pay their own utilizes but there is only 1 water meter - water cost is divided monthly by landlord and then paid by each tenant

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Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 31 - N.Charleston Area inside I-526
Tax ID/APN: 4700700249
Year Built: 1958

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,593 42,219 111,496
Median Age: 34.8 33.75 34.52
Households: 3,971 15,575 44,860


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