Rare Investment Opportunity on James Island!1 South Anderson Avenue is a solid brick quadplex offering four well-maintained 2-bedroom, 1.5-bathroom units in the heart of James Island. Each spacious unit features durable vinyl flooring throughout - no carpet in sight - and each unit has had some kitchen updates.The property brings in $7,300/month in gross rental income with all 4 units rented out at current market rates. With strong in-place cash flow and rental upside over time, this is an ideal addition to any investor's portfolio.Tenants enjoy a practical layout with comfortable living areas, eat-in kitchens, private patios, laundry room in each unit, and 2 upstairs bedrooms & full shared bathroom upstairs. Walking through each unit you'll find they have been very well maintained. The property also offers ample off-street parking in the dedicated parking lot behind the building, low-maintenance landscaping, and a durable brick exterior. *Quadplex is Fully leased, though one of the leases is up in a few months, so an investor could live in one unit and continue renting out the others!*Conveniently located just 6 miles to Folly Beach, 4 miles to Downtown Charleston, and only 3 miles from local favorite Pour House, the Terrace Theater, and restaurants at the Terrace Plaza. It's easy to see how this quadplex combines steady income with long-term appreciation potential in one of Charleston's most desirable submarkets.This is your chance to own a turn-key multifamily property in an unbeatable James Island location - make your offer today!
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Community Features: Bus Line
Year Built: 1981
Rent Control: No
Pool Private: No
Gar Pkg: Other
Garage: No
Attached Garage: No
Interior Features: Ceiling Fan(s)
Fireplace: No
Lot Size: 0.25
Lot Size Units: Acres
Acres: 0.25
Lot Sqft: 10890
Irrigation Water Rights: No
Mobile Home Remains: No
Property Type: B
Stories: 2
Foundation: Slab
Exterior: Brick
New Construction: No
Property Subtype: No
Building Area Units: Square Feet
Entry Location: Ground Level
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Quadruplex, Townhouse
Beds: 8
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Unit Sqft: 1,063
Unit Sqft: 1,063
Unit Sqft: 1,063
Unit Sqft: 1,063
Sqft: 4254
Number of Units Total: 4
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Central, Heat Pump
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Waterfront: No
Courtesy of listing office EXP Realty LLC