4136 Hickory Oaks Ln Ladson Sc 29456 MLS# 1026770

Posted By Marshall Walker @ Oct 12th 2010 10:20am In: North Charleston Summerville Ladson Dorchester

4136  HICKORY OAKS LN Ladson, SC 29456
BR 1026770 - Multi-family real estate
Ladson, SC

Each side rented for $650/Mo...$1,300 per month income...Over $500 per month positive cash flow for an investor with 25% down payment...That's a 20% return on the cash invested!!! OR for an owner occupant purchasing with FHA, Buyer could purchase with less than $5,000 total cash and live in one side and rent the other side and have a net monthly housing cost of less than $200 per month!!! (Purchase with only 3.5% down payment...$4,200...Total monthly payment would only be about $850 per month...Subtract rental income of $650 per month and purchasers net monthly expense would only be about $200 per month. This property is only 5 minutes to Dorchester Road...Less than 10 minutes to I-26 at Highway 78 and Charleston Southern University and 15-20 minutes to Boeing and Charleston International Airport. Property is currently rented on a month to month lease so new owner has the flexibility to give 30 days notice for tenant to vacate if buyer wanted to live in one half of the duplex. For additional photos click "documents". If square footage is important - MEASURE!!

View the Full Details of this Home for Sale in Ladson


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