MLS# 30366290 | 1929 Iron Street Charleston SC | subdivision
843-225-7007
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Charleston, SC 29406
- $88.15Price per SqFt
- 4,135SqFt
- 445Days on Market
- N/AZoning
- 1985Year Built
- Multi FamilyUse
- MLS# 30366290
- Commercial Sales
- Multi Family
- Sold
- Approx Time on MarketN/A
- AreaNorth Charleston Inside I-526
- CountyCharleston
- SubdivisionN/A
Overview
Over $50,000 in Gross Income and 10.2% cap rate! Two parcels and 6-units being sold together. This sale is for the 4-unit building(TMS#472-16-00-284) 1927 Iron Street and the 2-unit building(TMS#472-16-00-282) 1929 Iron Street. Units have undergone renovations with All new roofs on both buildings, parking/driveway, new mailboxes, exterior work on the units and interior work on several as well as new appliances. Tenants pay all utilities. Rents are still below market so opportunity for 11-12% cap rate! 5, 1-bedroom units and 1, 2-bedroom unit.
Sale Info
Listing Date: 01-30-2023
Sold Date: 03-16-2019
Listing Sold:
5 Year(s), 1 month(s), 3 day(s) ago
Asking Price: $364,500
Selling Price: $364,500
Price Difference:
Same as list price
Building Info
Anchored: No
Year Built: 1985
Financial
Asking Price Type: Fixed Price
Garage / Parking
Lot Info
County: Charleston
Lot Acres Min: 0.350
Land Size: 0.35
Misc
Title: High Grossing Multi-Unit 6-Plex
Offer Compensation
Property Info
Second Property Subtype: Multi Family
Zoning: City of North Charleston - R-
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash
Property Type: A
Original Price: $364,500
Build To Suit: No
Property Use Type: Hospitality, Industrial, Investment, Multi-Family, Other, Retail
Class Type: Multi Family
Sold Info
Sold Date: 2019-03-16T00:00:00
Sqft Info
Rentable Area: 4135
Unit Info
Utilities / Hvac
Water Source: Public
Sewer: Public Sewer
Courtesy of listing office SVN Peace & Company
MLS# 29888978 
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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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