Bought with Carolina One Real Estate
$185,000
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1911 Calvert St North Charleston, SC 29405
6 Beds
2,618 SqFt
Key Details
Sold Price $185,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,618 sqft
Price per Sqft $70
Subdivision Chicora Place
MLS Listing ID 21013218
Sold Date 07/09/21
Bedrooms 6
Year Built 1940
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Quadruplex
Property Description
Taking offers on a great multifamily investment opportunity in a rapidly growing area. This property has great potential and consists of 4 units: 2 - two bedroom and 2 - one-bedroom apartments. Once renovated, the quadplex is capable of generating a gross monthly income of over $3000, based on comparable properties. The immediate area is changing quickly with continued growth on the old navy base, plans to re-develop the naval hospital into 300+ apartments, and construction under way of a 165,000 sq ft commercial office space. The Lowcountry Rapid Transit system will also run very close by. The property is in need of repair, Buyer will need to determine the level of updates depending upon their strategy. This offering price reflects an as-is sale, no repairs will be made.Four individual electric meters. Electric panels, plumbing, vinyl siding, roof, windows, and doors were all updated 10-15 years ago. Agent is part owner.
Location
State SC
County Charleston
Area 31 - North Charleston Inside I-526
Interior
Interior Features Ceiling Fan(s)
Heating Baseboard, Electric
Cooling Window Unit(s)
Exterior
Community Features Bus Line
Utilities Available Charleston Water Service, Dominion Energy
Roof Type Asphalt
Building
Story 2
Foundation Crawl Space
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Mary Ford
Middle Schools Morningside
High Schools North Charleston
Others
Financing Cash, Owner Will Carry
Special Listing Condition Handy Man Special
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