Bought with RE/MAX Pro Realty
$1,125,000
$1,200,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
24 Beds
7,200 SqFt
SOLD DATE : 06/04/2021
Key Details
Sold Price $1,125,000
Property Type Multi-Family
Sub Type More than 4, Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $156
Subdivision Chicora Place
MLS Listing ID 21009608
Sold Date 06/04/21
Bedrooms 24
Year Built 2004
Lot Size 0.330 Acres
Acres 0.33
Property Description
TWO 4-plex buildings with total of 8 apartments that are each 900sft. Four apartments are 3bd/2ba. Four are 3bd/1.5ba with space to upgrade to two baths. These two buildings are on separate tax map parcels, so two TMS#. Five of the eight units have had recent updates which include LVT flooring, updates to bathrooms and lighting, new kitchen appliances, new kitchen counters, and interior repainting at an average of $20,000 per unit. The remaining three have had long-term tenants in place with no turn-over to allow for further upgrades. All units have washer/dryer hookups, solid surface flooring throughout and are well-laid out with nice-sized bedrooms. Three of the eight HVACs have been replaced in past 3 years. Off-street parking for 8+ cars. Tenants pay all utilities.Great location within walking distance of the Chicora High School and the Military Magnet Academy. Two units are currently vacant and easy to show.
Location
State SC
County Charleston
Area 31 - North Charleston Inside I-526
Interior
Heating Electric
Cooling Central Air
Laundry Dryer Connection
Exterior
Community Features Bus Line
Utilities Available Dominion Energy, N Chas Sewer Distric
Roof Type Asphalt
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Chicora
Middle Schools Norman C Toole
High Schools North Charleston
Others
Financing Cash, Conventional, Other (Use Agent Notes)
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