1823 Leland Street, North Charleston, SC 29405 (MLS# 21001749)

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$325,000
1823 Leland Street
North Charleston, SC 29405
MLS# 21001749
Status: Closed
2138 sqft


1823 Leland Street, North Charleston, SC 29405
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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.

Details
Maps
Contract Info
MLS List Date: 2021-01-21
Status: Closed
List Price: $325,000
Current Price: $325,000
Location, Tax & Legal
Tax Map #: 4691200284
Street #: 1823
Street Name: Leland
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29405
Area: 31 - North Charleston Inside I-526
Tax District: 43 - City of North Charleston
Subdivision: Chicora Place
Elementary School: Chicora
Middle School: Morningside
High School: North Charleston
Legal Description: LT 23 & PT 21 BLK E
Directions: Take Spruill Avenue to Leland Street
General Property Info
Number of Units: 5
# Stories: 1
Primary Structure Apx SqFt: 2138
Year Built: 1968
Acreage: 0.11
Potential Short Sale: No
Office/Member Info
Buyers Agency Compensation: 2.5
Buyers Agency Compensation Type: %
Status Change Info
Sold Date: 2021-04-26
Sold Price/SqFt: 152.01
New Mortgage Type: Other
Unit 1
Bedrooms: 1
Baths: 1
Unit 2
Bedrooms: 1
Baths: 1
Unit 3
Bedrooms: 1
Baths: 1
Unit 4
Bedrooms: 1
Baths: 1
Unit 5
Bedrooms: 1
Baths: 1
Property Features
SqFt Source: Tax Records
Roof: Asphalt Shingle
Exterior: Brick - Solid
Foundation: Slab
Garage/Parking: Other (Use Remarks)
Driveway: Asphalt Strips; Blacktop
Architectural Style: More than 4
New Owned/Pre-owned: Pre-Owned
Cooling: Window Unit(s)
Heat: Heat Pump
Amenities: Trash
Tenant Pays: All Utilities
Proposed Financing: Cash; Conventional Loan
Possession: At Closing
Water/Sewer: Public Sewer; Public Water

Listing Office: Lowcountry Property Team

Last Updated: April - 26 - 2021

1823 Leland Street, North Charleston, SC 29405 - MLS# 21001749
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.

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.


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