Presenting an incredible investment opportunity in the heart of the exclusive Historic District of Olde North Charleston! This newly renovated 8-bedroom, 4-bathroom quadplex is situated on two lots, offering a unique chance for potential value-add for the next owner. Zoned as ''Specialty Apartments,'' the property allows for all units to be rented on a short-term basis, maximizing rental flexibility and income potential. With Olde North Charleston's shops, dining, and retail center just a short walk away, and attractions like Riverfront Park and the soon-to-be waterfront village at Battery Park within easy reach, this property is perfectly positioned for visitors seeking convenience and entertainment while here.The property has undergone a complete studs-out renovation, blending the....historic charm of the area with modern, high-end finishes. Each of the four units features 2 bedrooms and 1 bathroom, with newly installed luxury vinyl plank flooring throughout, GE and Insignia appliances, stackable washers and dryers, new windows, and updated light fixtures. The redesigned floor plan now includes a more open layout, with balconies off one bedroom in each unit. Quartz countertops, brand-new vanities, tub/shower combos, and stylish new hardware complete the sleek and modern interior.Beyond the aesthetic updates, this property has seen significant improvements to minimize future maintenance costs for the new owner. Upgrades include all-new electrical, plumbing, insulation, HVAC systems, and ductwork, along with new water heaters, repaired subflooring, and reinforced back porch supports. The exterior features fresh paint, new landscaping, hardscape, and a privacy fence, ensuring both beauty and functionality.With projected gross rental income estimated at $160,000 per year, based on assessments from two local property managers, this quadplex is truly turnkey-simply furnish and rent. Don't miss out on this rare opportunity to invest in a meticulously updated property with immense growth potential, zoned for short-term rentals, in the thriving Olde North Charleston area.
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Year Built: 1950
Rent Control: No
Pool Private: No
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Interior Features: Ceiling Fan(s)
Fireplace: No
Lot Size: 0.26
Lot Size Units: Acres
Acres: 0.26
Lot Sqft: 11325.6
Irrigation Water Rights: No
Mobile Home Remains: No
Property Type: B
Stories: 2
Foundation: Crawl Space
Exterior: Stucco
New Construction: No
Roof: Architectural
Property Subtype: No
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Quadruplex
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft: 2878
Number of Units Total: 4
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Electric
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Waterfront: No
Courtesy of listing office McConnell Real Estate Partners
MLS# 24019444 
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Constant Properties are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 11-08-2024 11:07 AM EST .
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
