MLS# 1328353 | 2518 Etiwan Avenue Charleston SC | Longbranch subdivision
843-225-7007
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Charleston, SC 29414
- 6Beds
- N/AFull Baths
- N/AHalf Baths
- 1,764SqFt
- 1960Year Built
- 0.35Acres
- MLS# 1328353
- Multi Family
- Sold
- Approx Time on Market1 month, 25 days
- AreaWest Ashley Inside I-526
- CountyCharleston
- Subdivision Longbranch
Overview
Opportunity knocks!! Cash flowing duplex in a prime West Ashley location. Move in one side, rent the other! Two 3 bedroom, 1 bath units currently leased at $800 and $900 a month, with a total of $1,700 a month for the duplex. Seller pays $1,868 a year in taxes and $1,429 a year in insurance. 8% Cap Rate assuming a NOI of $16,083 and a purchase cost of $200,000. Owner has made the following repairs to the units: Unit A-new HVAC condenser unit, complete interior paint, new water heater. Unit B-new HVAC package unit, new water heater, painted cabinetry, replace hardware and countertops in kitchen, new bathroom vanity and mirror, new water heater. Seller has rewired electrical in both units, and put a new roof on the structure.
Sale Info
Listing Date: 11-07-2013
Sold Date: 01-02-2014
Aprox Days on Market:
1 month(s), 25 day(s)
Listing Sold:
11 Year(s), 7 month(s), 4 day(s) ago
Original Asking Price: $200,000
Asking Price: $200,000
Selling Price: $160,000
Price Difference From Original:
Reduced By $40,000
Price Difference From Asking:
Reduced By $40,000
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: 1960
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Garage: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lot Size: 0.35
Lot Size Units: Acres
Acres: 0.35
Lot Sqft: 15245.999999
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: B
Foundation: Crawl Space
Exterior: Brick Veneer
New Construction: No
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Duplex
Room Info
Beds: 6
Sale / Lease Info
Sold Date: 2014-01-02T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Unit Sqft: 882
Unit Sqft: 882
Sqft: 1764
Unit Info
Unit Bedrooms: 3
Unit Bedrooms: 3
Utilities / Hvac
Water Source: Public
Heating: No
Water Sewer: Public Sewer
Cooling: No
Waterfront / Water
Waterfront: No
Courtesy of listing office Carolina One Real Estate - 843-779-8660
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MLS# 2924200 
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 08-06-2025 3:52 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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