Multi-Family / Restaurant

Multi-Family for Sale
Catylist Listing ID: 30451538
Property Subtypes: Duplex/Fourplex, Mixed Use
Number of Units: 3 Units
Building Size (RSF): 3,120 SF
Gross Building Area: See Agent
Sale Price: $795,000
Unit Price: $265,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 5.0%
Last Updated: 8/8/2019

Overview / Comments

3 units zoned DR-1F
Restaurant (variance allowed) on 1st floor approx. 1184 sq ft
1 bedroom apt. on 1st floor rear approx. 511 sq ft
3 bedroom 2 bath apt. 2nd floor approx. 1425 sq ft
8 off-street parking spaces in rear.
Total monthly rents are $4225 and are low. All leases end 2/28/20.
Age of building is approximate!!

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 52 - Peninsula Chas. outside of crosstown
Tax ID/APN: 460-07-02-220
Zoning: DR-1F - Diverse Residential (19.4 units per acre)
Year Built: 1925
Construction/Siding: Wood Frame
Parking Type: Surface
In Flood Plain?: Yes
Lot Frontage: 46
Lot Depth: 120
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,856 57,832 139,277
Median Age: 27.38 34.23 36.14
Households: 9,813 24,554 58,059


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