MLS# 18028385 | 426-428 Riverland Drive James Island SC | Riverland Terrace subdivision
843-225-7007
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James Island, SC 29412
- 6Beds
- N/AFull Baths
- N/AHalf Baths
- 2,785SqFt
- 1940Year Built
- 0.42Acres
- MLS# 18028385
- Multi Family
- Sold
- Approx Time on Market1 month, 29 days
- AreaJames Island
- CountyCharleston
- SubdivisionRiverland Terrace
Overview
An Investors Dream! Perfect multi-unit compound or investment property with four units on 2 .21 acre lots in the coveted Riverland Terrace subsection of James Island. This great Investment property is located 4 miles from downtown Charleston and 5 miles from Folly Beach and 13 miles to Charleston Int. Airport. With 3 years of a gross monthly income ranging from $4,500 to $6,000/Mo. This is a great investment in a great Market. 426 offers a 2 bedroom 1 story 1940s home, newly renovated furnished garage studio apartment, 2 car garage port and workshop. Original interior, plaster walls, arches, refinished hardwood floors throughout, large living room, eat in kitchen, formal dining, hall with 2 bedrooms and shared bath/laundry. Full front porch, large attic, lots of large closets and originaldetails. An extremely charming time capsule. 428 has efficiency apt on 1st floor with a full front porch, a completely renovated 2 bedroom 1 bath apt upstairs and a shared laundry. Street to street lots with plenty of parking. Also features large outdoor entertainment area with fireplace, covered eating area and oyster pit, etc.. All units currently rented with good long term tenants.
Sale Info
Listing Date: 10-18-2018
Sold Date: 12-18-2018
Aprox Days on Market: 
1 month(s), 29 day(s)
Listing Sold: 
5 Year(s), 4 month(s), 1 day(s) ago
Original Asking Price: $649,000
Asking Price: $649,000
Selling Price: $625,000
Price Difference From Original:
Reduced By $24,000
Price Difference From Asking:
Reduced By $24,000
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, Bus Line
Bathroom Info
Building Info
Year Built: 1940
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Gar Pkg: 2 Car, Garage
Garage: Yes
Attached Garage: No
Interior Features
Interior Features: Ceiling Fan(s)
Fireplace: No
Laundry Features: Dryer Connection
Lot Info
Lot Size: 0.42
Lot Size Units: Acres
Acres: 0.42
Lot Sqft: 18295.2
Irrigation Water Rights: Yes
Offer Compensation
Other
Mobile Home Remains: Yes
Property Info
Property Type: B
Stories: 2
Foundation: Crawl Space, Slab
Exterior: Aluminum Siding, Asbestos, Block/Masonry
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Duplex, Single Family Detached
Room Info
Beds: 6
Sale / Lease Info
Sold Date: 2018-12-18T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft Info
Unit Sqft: 700
Unit Sqft: 500
Unit Sqft: 450
Unit Sqft: 1,300
Sqft: 2785
Unit Info
Number of Units Total: 3
Unit Bedrooms: 2
Unit Bedrooms: 1
Unit Bedrooms: 2
Unit Bedrooms: 1
Utilities / Hvac
Water Source: Public
Utilities: James IS PSD, SCE & G
Heating: Yes
Heat: Electric, Heat Pump
Water Sewer: Public Sewer
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
From Folly, Maybank Towards Johns Island. Left Onto Riverland Dr. House And Apts On Left Just Past Maxcy StCourtesy of listing office Seabrook Island Real Estate
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Wondering what your home in Riverland Terrace is worth today? Call me and lets speak about your James Island SC Multi Family property for sale?
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