MLS# 18028385 | 426-428 Riverland Drive James Island SC | Riverland Terrace subdivision

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$649,000 | 6 beds | N/A full baths | N/A half baths | 2,785 sqft

$625,000
426-428 Riverland Drive
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

Schools

Elem:  Murray Lasaine

Middle:  Moultrie

High:  James Island Charter

Directions

From Folly, Maybank Towards Johns Island. Left Onto Riverland Dr. House And Apts On Left Just Past Maxcy St

Courtesy of listing office Seabrook Island Real Estate 

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Price & Status History (on marshallwalker.com since Thu, Oct 18th 2018)
  • Original Price: $649,000
  • Current Price: $649,000
  • Price Reduced: $0
Date ChangedFromTo
12/21/2018Active ContingentSold
12/04/2018ActiveActive Contingent
Residential, Land, Other Disclaimer:

Broker Reciprocity 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 04-18-2024 11:54 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. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-18-2024 11:54 PM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


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