Welcome to 103 Magwood Drive, located in the heart of Summerville, SC, this presents a rare opportunity to acquire a fully occupied quadplex in an active rental market. Each of the four units features two bedrooms and one and a half bathrooms, offering spacious layouts that potentially can attract long-term tenants. This property is part of a two-building portfolio, and this quadplex features brick construction, a functional design, and a solid rental history. Situated just minutes from downtown Summerville (3.7 miles) and within the Dorchester District 2 school zone, this location offers convenience and access to major employers like Boeing (13.8 miles), Volvo (16.1 miles), and the Joint Naval Base (17.6 miles).Easy connectivity to I-26 (5.5 miles) makes it ideal for commuting tenants, further enhancing the property's appeal.Whether you're a seasoned investor or potentially looking to expand into multifamily, 103 Magwood Drive offers the ideal blend of location and potential.Sold As-Is.*Current rent rates and leasing status available upon request.*Rental availability and options are not guaranteed. Buyers interested in residential and other rental options must verify with any and all governing bodies.**Some images have been virtually enhanced/staged.
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Farm Credit Service Incl: No
Year Built: 1984
Lot Size: 0.57
Lot Size Units: Acres
Acres: 0.57
Lot Sqft: 24829.2
Irrigation Water Rights: No
Mobile Home Remains: No
Property Type: B
Stories: 2
Property Subtype: No
Building Area Units: Square Feet
Entry Location: Ground Level
Home Warranty: No
Habitable Residence: No
Structure Type: Quadruplex
Beds: 8
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft: 3887
Number of Units Total: 4
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Courtesy of listing office Matt O'Neill Real Estate