Bought with Keller Williams Realty Charleston
$515,000
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7620 Hunters Ridge Ln North Charleston, SC 29420
11 Beds
4,573 SqFt
Key Details
Sold Price $515,000
Property Type Townhouse
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 4,573 sqft
Price per Sqft $112
Subdivision Pepperidge
MLS Listing ID 23020908
Sold Date 02/29/24
Bedrooms 11
Year Built 1980
Lot Size 0.260 Acres
Acres 0.26
Property Description
This is a fantastic Quadplex property with consistent occupancy. It comprises two 2-bedroom, 1.5-bathroom units and two 3-bedroom, 1.5-bathroom units, all of which are consistently occupied.Four Units: The property consists of four separate units, each offering a unique layout and design. This diversity appeals to a wide range of renters, from singles to families, ensuring consistent occupancy.Income Potential: This quadplex presents a strong income potential with all four units currently leased. The reliable rental history demonstrates a consistent cash flow, and with competitive rental rates, the opportunity for growth exists.Low Vacancy Rate: The demand for quality rental properties in this area ensures a low vacancy rate. You can count on a steadyrental income, reducing the risks associated with investment properties.
Separate Utilities:Tenants are responsible for their gas, electricity, and water bills, further enhancing the property's profitability.
Location
State SC
County Dorchester
Area 61 - N. Chas/Summerville/Ladson-Dor
Interior
Heating Electric
Cooling Central Air
Exterior
Garage Spaces 2.0
Community Features Bus Line
Utilities Available Dominion Energy, Dorchester Cnty Water and Sewer Dept
Roof Type Asphalt
Parking Type 2 Car
Total Parking Spaces 2
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Windsor Hill
Middle Schools River Oaks
High Schools Ft. Dorchester
Others
Financing Cash,Conventional,FHA
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