North Charleston, SC 29405
MLS# 21001749
Status: Closed
2138 sqft
Property Description
Great Investment property for any investor looking for SOLID CASH FLOW! Five one bedroom apartments and a huge utility room that could make for a 6th unit. 3 units currently rented at 735 each on year leases, market can be up to 750 per unit bringing total annual gross rents to $45,000.00 a year! This area is poised for major growth with the new port opening around the corner, it also is located in an Opportunity Zone which may qualify for some great tax advantages. Minimal expenses on this property makes for an aggressive cash on cash return percentage in the double digits.
Listing Office: Lowcountry Property Team
Last Updated: April - 26 - 2021
Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.