Bought with Charleston Real Estate Group
$390,000
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1824 Carlton St North Charleston, SC 29405
6 Beds
2,050 SqFt
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type More than 4
Listing Status Sold
Purchase Type For Sale
Square Footage 2,050 sqft
Price per Sqft $190
Subdivision Chicora Place
MLS Listing ID 21003366
Sold Date 03/24/21
Bedrooms 6
Year Built 1960
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type More than 4
Property Description
Great Investment property for any investor looking for SOLID CASH FLOW! Six large one bedroom apartments with lots of off street parking. This property has been completely renovated down to the studs, to include new electrical, plumbing, kitchens, bathrooms, flooring, appliances, windows and doors! 5 units currently rented at 735 each on year leases, market can be up to 750 per unit bringing total annual gross rents to $54,000.00 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.
Location
State SC
County Charleston
Area 31 - North Charleston Inside I-526
Interior
Cooling Window Unit(s)
Exterior
Roof Type Asphalt
Building
Story 1
Foundation Crawl Space
Structure Type Brick
New Construction No
Schools
Elementary Schools Chicora
Middle Schools Morningside
High Schools North Charleston
Others
Financing Cash, Other (Use Agent Notes)
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