MLS# 1417792 | 1531 Theresa Drive UNIT A&B James Island SC | Bel Air subdivision
843-225-7007
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James Island, SC 29412
- 5Beds
- N/AFull Baths
- N/AHalf Baths
- 2,548SqFt
- 2000Year Built
- 0.00Acres
- MLS# 1417792
- Multi Family
- Sold
- Approx Time on Market6 months, 7 days
- AreaJames Island
- CountyCharleston
- Subdivision Bel Air
Overview
Invest in this quiet, convenient duplex with terrific cash flow and potential cap rate. Located at the foot of the James Island connector, this property brings in $2,600/month in rent ($31,200 annually). Since the owners have owned the property, it has had a great rental history, low turnover in renters and has always been leased to professionals or graduate students. Built in 2000, with lots of storage, Unit A has 2 bedrooms/2.5 bathrooms and is leased through 8//1/2017. Unit B has 3 bedrooms/2.5 bedrooms and is leased month-to-month. 2013 taxes were $3,873 (no owner-occupant reduction has been taken) and 2013 hazard and flood insurances were $2,600 combined. No outside management has been necessary due to low maintenance and low renter turnover. With the maintenance costs of this property being low and the cash flow solid, this property beats the market!
Sale Info
Listing Date: 07-01-2014
Sold Date: 01-09-2015
Aprox Days on Market:
6 month(s), 7 day(s)
Listing Sold:
10 Year(s), 6 month(s), 26 day(s) ago
Original Asking Price: $338,900
Asking Price: $338,900
Selling Price: $328,500
Price Difference From Original:
Reduced By $10,400
Price Difference From Asking:
Reduced By $10,400
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Association Fees / Info
Bathroom Info
Building Info
Year Built: 2000
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Gar Pkg: 1.5 Car
Garage: No
Attached Garage: No
Interior Features
Interior Features: Ceiling Fan(s)
Fireplace: No
Laundry Features: Dryer Connection
Lot Info
Lot Size Units: Acres
Acres: 0.00
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: B
Stories: 3
Foundation: Slab
Exterior: Vinyl Siding
New Construction: No
Roof: Architectural
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Duplex
Room Info
Beds: 5
Sale / Lease Info
Sold Date: 2015-01-09T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Sqft: 2548
Unit Info
Number of Units Total: 2
Unit: A&B
Unit Bedrooms: 2
Unit Bedrooms: 3
Utilities / Hvac
Heating: No
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
From James Island Connector, Left At Harbor View Rd Exit; Second Left On Theresa Dr. Home On RightCourtesy of listing office Brand Name Real Estate
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Your Mortgage Group 843-532-3214
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The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Marshall Walker Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 08-04-2025 2:02 PM EST .
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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