MLS# 15023643 | Drive Charleston SC | Riverland Terrace subdivision
843-225-7007
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Charleston, SC 29412
- 7Beds
- N/AFull Baths
- N/AHalf Baths
- 4,270SqFt
- 1945Year Built
- 0.32Acres
- MLS# 15023643
- Multi Family
- Sold
- Approx Time on Market5 months, 14 days
- AreaJames Island
- CountyCharleston
- SubdivisionRiverland Terrace
Overview
This great cape cod home in Riverland Terrace has been uniquely turned into multiple apartments and this awesome investment property is now available for sale. With 6 Apts in total of which 5 are rented and the owner living in the main house downstairs(6th) which will be available to rent upon sale. Over 4200 sqft of cool apts that you will have no problem keeping rented. In good condition and in a great location! Beautiful floors and many of the architectural details exist in the main house apts, up and down and the garden apt, garage apt and duplex have their own individual style. All very cute! Currently only $32K annually but the rents are under mkt value and the main house apt brings over $2 Grand. When fully rented in 2008 revenues were $48K annually. Still low for mkt average!
Sale Info
Listing Date: 08-25-2015
Sold Date: 02-09-2016
Aprox Days on Market: 
5 month(s), 14 day(s)
Listing Sold: 
8 Year(s), 2 month(s), 19 day(s) ago
Original Asking Price: $750,000
Asking Price: $750,000
Selling Price: $690,000
Price Difference From Original:
Reduced By $60,000
Price Difference From Asking:
Reduced By $60,000
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
Community Features: Boat Ramp
Bathroom Info
Building Info
Year Built: 1945
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Garage: No
Attached Garage: No
Interior Features
Interior Features: Ceiling Fan(s)
Fireplace: No
Laundry Features: Dryer Connection
Lot Info
Lot Size: 0.32
Lot Size Units: Acres
Acres: 0.32
Lot Sqft: 13939.2
Irrigation Water Rights: Yes
Offer Compensation
Other
Mobile Home Remains: Yes
Property Info
Property Type: B
Stories: 2
Foundation: Crawl Space
Exterior: Vinyl Siding
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
Entry Location: Ground Level
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Duplex, Quadruplex
Room Info
Beds: 7
Sale / Lease Info
Sold Date: 2016-02-09T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft Info
Unit Sqft: 586
Unit Sqft: 586
Unit Sqft: 396
Unit Sqft: 672
Unit Sqft: 519
Unit Sqft: 1,515
Sqft: 4270
Unit Info
Unit Bedrooms: 1
Unit Bedrooms: 1
Number of Units Total: 6
Unit Bedrooms: 1
Unit Bedrooms: 1
Unit Bedrooms: 2
Unit Bedrooms: 1
Utilities / Hvac
Water Source: Private
Utilities: James IS PSD, SCE & G
Heating: Yes
Heat: Electric, Solar
Water Sewer: Public Sewer
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
From Maybank Turn Onto Riverland Dr Into Riverland Terrace. Property Is Just Past Golfview On The Left.Courtesy of listing office Carolina One Real Estate - 843-779-8660
We are FULL TIME and Full Service agents!
Wondering what your home in Riverland Terrace is worth today? Call me and lets speak about your Charleston SC Multi Family property for sale?
Call Marshall at 843-532-3214 to list your Charleston home today! : Please Bookmark https://www.marshallwalker.com for the best in Charleston real estate : Choose Marshall Walker for your real estate needs!