Bought with Maven Realty
$325,000
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1823 Leland St North Charleston, SC 29405
5 Beds
2,138 SqFt
Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type More than 4
Listing Status Sold
Purchase Type For Sale
Square Footage 2,138 sqft
Price per Sqft $152
Subdivision Chicora Place
MLS Listing ID 21001749
Sold Date 04/26/21
Bedrooms 5
Year Built 1968
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type More than 4
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.
Location
State SC
County Charleston
Area 31 - North Charleston Inside I-526
Interior
Heating Heat Pump
Cooling Window Unit(s)
Exterior
Roof Type Asphalt
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Chicora
Middle Schools Morningside
High Schools North Charleston
Others
Financing Cash, Conventional
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