3109-3113 Matipan Ave Active Save Request In-Person Tour Request Virtual Tour
North Charleston,SC 29405
Key Details
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
Square Footage 936 sqft
Price per Sqft $694
Subdivision Dorchester Terrace
MLS Listing ID 25000711
Bedrooms 3
Full Baths 2
Year Built 1952
Lot Size 0.510 Acres
Acres 0.51
Property Sub-Type Single Family Detached
Property Description
This unique 0.51-acre property consists of three adjacent parcels, offering a variety of opportunities and tremendous potential! The package includes a 3 bed/2 bath 936 sq ft single-family home (fully renovated with high-quality finishes), a duplex (with two 1-bed/1-bath units, each 390 sq. ft.; also fully renovated with brand-new mechanical, electrical, and plumbing systems), and a vacant lot, which is a cleared, spacious lot formerly housing 3 mobile homes, now primed for your development vision. This property offers flexible income potential. You could rent out the single-family home and duplex for immediate cash flow, or sell the home for an equity boost while maintaining income from the duplex.The vacant lot is ready for new construction and is perfect for additional duplexes, townhomes, or multi-family housing. You could even utilize the vacant lot for specialty tenants, offering storage for equipment, vehicles, or materials with adjacent lodging. Capitalize on the ability to set premium pricing with no competition! Combine or reconfigure the existing lot lines to suit your development plans and maximize value. This is a great location with prime frontage on Matipan Avenue and immediate access to I-26, Azalea Drive, and Cosgrove Avenue ensures convenience and high demand. Whether you're seeking steady cash flow, equity growth, or an exciting development project, this property is ready to deliver. Leverage the income from the existing rentals to support your new venture on the vacant lot.
Don't miss this rare investment opportunity. Properties with this level of potential don't stay on the market for long!
Location
State SC
County Charleston
Area 31 - North Charleston Inside I-526
Rooms
Master Bedroom Walk-In Closet(s)
Interior
Interior Features Ceiling - Smooth,Ceiling Fan(s)
Heating Electric
Cooling Central Air
Flooring Vinyl
Laundry Electric Dryer Hookup,Washer Hookup
Exterior
Community Features Trash
Utilities Available Charleston Water Service,Dominion Energy
Roof Type Architectural
Building
Lot Description .5 - 1 Acre
Story 1
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Mary Ford
Middle Schools Morningside
High Schools North Charleston
Others
Financing Cash,Conventional
Special Listing Condition Flood Insurance