Bought with Coldwell Banker Comm/Atlantic Int'l
$2,585,000
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7620 Hunters Ridge Ln North Charleston, SC 29420
10 Beds
22,865 SqFt
Key Details
Sold Price $2,585,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 22,865 sqft
Price per Sqft $113
Subdivision Pepperidge
MLS Listing ID 23022200
Sold Date 02/29/24
Bedrooms 10
Year Built 1980
Lot Size 0.260 Acres
Acres 0.26
Property Description
Light value add opportunity currently grossing $20,533 with 75% occupancy! This is a package of 5 quadplexes in an up and coming area where rents are consistently increasing. Renovated 2 bed / 1.5 baths in this portfolio are renting for 1,150/mo - 1,400/mo and renovated 3 bed / 1.5 baths in this portfolio are renting for 1,750/month. Currently 6 of the 20 units have undergone renovation leaving 14 to be renovated and rents raised.
Location
State SC
County Dorchester
Area 61 - N. Chas/Summerville/Ladson-Dor
Exterior
Utilities Available Dominion Energy, Dorchester Cnty Water and Sewer Dept
Roof Type Architectural
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Windsor Hill
Middle Schools Oakbrook
High Schools Ft. Dorchester
Others
Financing Cash,Conventional
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