Fully renovated ( and I do mean fully ) brick quadraplex with tenants in place!New HVAC units , new appliances. Great income producing opportunity for an investor not only does it cash flow but would work out to be approximately a 9% cap rate. Leases in place so showings will need to be scheduled with plenty of notice. Each unit is two bedrooms and a bath and a half. Less than ten minutes from downtown Summerville and Dorchester 2 schools. Tenants rights apply.
Listing Date: 04-19-2013
Sold Date: 09-30-2013
Aprox Days on Market: 
5 month(s), 10 day(s)
Listing Sold: 
10 Year(s), 7 month(s), 18 day(s) ago
Original Asking Price: $225,000
Asking Price: $225,000
Selling Price: $208,000
Price Difference From Original:
Reduced By $17,000
Price Difference From Asking:
Reduced By $17,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Year Built: 1978
Rent Control: No
Pool Private: No
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Fireplace: No
Lot Size: 0.18
Lot Size Units: Acres
Acres: 0.18
Lot Sqft: 7840.799999
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: B
Stories: 2
Exterior: Brick Veneer
New Construction: No
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Quadruplex
Beds: 8
Sold Date: 2013-09-30T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Unit Sqft: 1,000
Unit Sqft: 1,000
Unit Sqft: 1,000
Unit Sqft: 1,000
Sqft: 4000
Number of Units Total: 4
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Water Source: Public
Utilities: SCE & G
Heating: Yes
Heat: Heat Pump
Water Sewer: Public Sewer
Cooling: Yes
Waterfront: No
Courtesy of listing office Carolina One Real Estate - 843-779-8660