MLS# 23022200 | 7620 Hunters Ridge Lane North Charleston SC | Pepperidge subdivision
843-225-7007
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North Charleston, SC 29420
- 10Beds
- N/AFull Baths
- N/AHalf Baths
- 22,865SqFt
- 1980Year Built
- 0.26Acres
- MLS# 23022200
- Multi Family
- Sold
- Approx Time on Market5 months, 17 days
- AreaNorth Charleston/summerville/ladson Dorchester
- CountyDorchester
- SubdivisionPepperidge
Overview
Light value add opportunity currently grossing $20,533 with 75% occupancy! This is a package of 5 quadplexes in an up and coming area where rents are consistently increasing. Renovated 2 bed / 1.5 baths in this portfolio are renting for 1,150/mo - 1,400/mo and renovated 3 bed / 1.5 baths in this portfolio are renting for 1,750/month. Currently 6 of the 20 units have undergone renovation leaving 14 to be renovated and rents raised.
Sale Info
Listing Date: 09-11-2023
Sold Date: 02-29-2024
Aprox Days on Market:
5 month(s), 17 day(s)
Listing Sold:
2 month(s), 0 day(s) ago
Original Asking Price: $2,725,000
Asking Price: $2,598,000
Selling Price: $2,585,000
Price Difference From Original:
Reduced By $140,000
Price Difference From Asking:
Reduced By $13,000
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
Bathroom Info
Building Info
Year Built: 1980
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: 0.26
Lot Size Units: Acres
Acres: 0.26
Lot Sqft: 11325.6
Irrigation Water Rights: Yes
Offer Compensation
Other
Mobile Home Remains: Yes
Property Info
Property Type: B
Stories: 2
Foundation: Slab
Exterior: Brick, Brick Veneer, Vinyl Siding
New Construction: No
Roof: Architectural
Property Subtype: None
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Quadruplex
Room Info
Beds: 10
Sale / Lease Info
Sold Date: 2024-02-29T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft Info
Unit Sqft: 1,033
Unit Sqft: 1,246
Unit Sqft: 1,246
Unit Sqft: 1,033
Sqft: 22865
Unit Info
Number of Units Total: 20
Unit Bedrooms: 2
Unit Bedrooms: 3
Unit Bedrooms: 2
Unit Bedrooms: 3
Utilities / Hvac
Water Source: Public
Utilities: Dominion Energy, Dorchester Cnty Water and Sewer Dept
Heating: No
Water Sewer: Public Sewer
Cooling: No
Waterfront / Water
Waterfront: No
Courtesy of listing office EXP Realty LLC
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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 04-28-2024 11:53 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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