MLS# 24002512 | 176-182 Pine Shadow Drive Goose Creek SC | Pineland Heights subdivision
843-225-7007
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Goose Creek, SC 29445
- 8Beds
- N/AFull Baths
- N/AHalf Baths
- 4,188SqFt
- 2004Year Built
- 0.21Acres
- MLS# 24002512
- Multi Family
- Sold
- Approx Time on Market2 months, 10 days
- AreaGoose Creek / Moncks Corner - Hwy52- Cooper River
- CountyBerkeley
- SubdivisionPineland Heights
Overview
INVESTOR ALERT! (See MLS# 24002511 -- Additional Quadruplex offering next door -- can be sold together). Excellent chance for an investor seeking a recently renovated quadruplex (4 Units) situated in close proximity to the Naval Base and rapidly developing Red Bank corridor in Goose Creek, SC! The offering comprises one building with a total of four (4) SEPARATELY DEEDED, well-maintained units, all currently occupied by tenants. New ownership has the flexibility to sell units individually or mark rents to market upon expiration. The subject property features two-story townhome-style units, providing a unique living experience. Rental rates are currently below market, giving new ownership the opportunity to increase rents without much heavy lifting.Updated units in the area are commanding rents in the range of ~$1475 to $1800+ per month for 2/3 bedrooms. The properties have recently undergone significant upgrades, including new HVAC's (2022), new roofs (2023), updated bathrooms, and new LVP flooring in almost all units. The heavy lifting has been completed, presenting a turnkey investment opportunity. Again, all units are SEPARATELY DEEDED, offering the flexibility to sell units individually, either immediately or in the future. Further, tenants have separate utilities; they are responsible for their electricity and water, enhancing the property's profitability. Don't miss out on this distinctive opportunity in the rapidly developing Red Bank area of Goose Creek!
Sale Info
Listing Date: 01-31-2024
Sold Date: 04-11-2024
Aprox Days on Market: 
2 month(s), 10 day(s)
Listing Sold: 
1 month(s), 5 day(s) ago
Original Asking Price: $787,500
Asking Price: $720,000
Selling Price: $625,000
Price Difference From Original:
Reduced By $162,500
Price Difference From Asking:
Reduced By $95,000
Agriculture / Farm
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Association Fees / Info
Bathroom Info
Building Info
Year Built: 2004
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lot Size: 0.21
Lot Size Units: Acres
Acres: 0.21
Lot Sqft: 9147.6
Irrigation Water Rights: Yes
Offer Compensation
Other
Mobile Home Remains: Yes
Property Info
Property Type: B
Stories: 2
Foundation: Slab
Exterior: Vinyl Siding
New Construction: No
Roof: Architectural, Asphalt
Property Subtype: None
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Condominium, Quadruplex
Room Info
Beds: 8
Sale / Lease Info
Sold Date: 2024-04-11T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft Info
Unit Sqft: 1,047
Unit Sqft: 1,047
Unit Sqft: 1,047
Unit Sqft: 1,047
Sqft: 4188
Unit Info
Number of Units Total: 4
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Utilities / Hvac
Water Source: Public
Utilities: BCW & SA, Berkeley Elect Co-Op, Charleston Water Service
Heating: Yes
Heat: Electric, Forced Air
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
Redbank Rd, Turn On Bayshore Blvd, Left On Pineshadow Drive.Courtesy of listing office Avenue Realty Company - 843-277-5845
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