Investor Opportunity: High Cash Flow + Future Expansion Potential. BRING AN OFFER! -This is your chance to secure a lucrative, income-generating property in North Charleston, SC! Located at 1497 Remount Road, this property already offers 4 fully-renovated, short-term rental units, producing $8,000/month in consistent cash flow. But that's just the beginning - with Hotel/Motel Licensing in place and approval to build 29 additional units, this property has significant upside potential for future growth. -Key Features: 4 existing cash-flowing units currently averaging $8,000/month in Short Term Rental income. Hotel/Motel License allowing all 4 units to operate as legal short-term rentals. 29-unit expansion approval - grow the property and maximize your investment.Fully furnished units - all furnishings convey with an acceptable offer.Renovated, tastefully decorated spaces, providing a perfect blend of comfort and convenience for guests.Common area available for co-working space - increasing appeal for both leisure and business travelers.Located in North Charleston, just minutes from local attractions, businesses, and major highways, this property offers a turnkey solution for savvy investors. Whether you continue to grow your short-term rental portfolio or expand the property with additional units, the potential for ROI is substantial.Don't miss out on this highly-profitable opportunity with the ability to scale. Act fast before it's gone!
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: 1975
Rent Control: No
Pool Private: No
Gar Pkg: Other
Garage: No
Attached Garage: No
Fireplace: No
Lot Size: 0.43
Lot Size Units: Acres
Acres: 0.43
Lot Sqft: 18730.8
Irrigation Water Rights: No
Mobile Home Remains: No
Property Type: B
Stories: 1
Foundation: Crawl Space
Exterior: Brick, Wood Siding
New Construction: No
Roof: Architectural
Property Subtype: Yes
Building Area Units: Square Feet
Entry Location: Ground Level
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Quadruplex
Beds: 4
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft: 1770
Number of Units Total: 4
Unit Bedrooms: 1
Unit Bedrooms: 1
Unit Bedrooms: 1
Unit Bedrooms: 1
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Heat Pump, See Remarks
Water Sewer: Public Sewer
Cooling: Other
Cooling: Yes
Waterfront: No
Courtesy of listing office Maven Realty