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  • 49 Calhoun St
    Charleston, SC 29401
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109 Carolina Boulevard

Isle of Palms, SC 29451
$2,500,000
MLS# 234690999

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Property Details

Property Type
RES
Neighborhood
Isle of Palms
Bedrooms
6
Bathrooms
5
Square Feet
3,394
Year Built
1984

Investment Potential

Est. Monthly Rental
$12,500
Cap Rate
3.3%
Appreciation Rate
3.5%

Description

Excellent opportunity to own a renovated beach house and a great book of business on the south end of IOP with a high stream of annual revenue! The house and grounds have gone through an extensive renovation including new bathrooms, new heated saltwater pool, elevator, kitchen renovations, addition of solar panels, new yard turf, and more recently, there is a new roof, a new tankless water heater, a new HVAC system, and polybutylene pipe replacement! The house has 6 bedrooms and 5 full bathrooms making it perfect for family getaways and entertaining guests. There are 3 bedrooms up and 3 bedrooms down allowing for all guests to have their own space but still be together for gatherings. The kitchen is nicely appointed with granite counters, a large island, and modern appliances, and there are multiple porches on both levels to take in the ocean breezes. The outdoor space is equally delightful with a beautiful heated pool, an outdoor shower, and a freshly turfed side yard that is furnished with very nice outdoor seating perfect for evening cocktails. The property is conveniently located just a short walk to the beach and all of the shops and restaurants on both the Isle of Palms as well as Sullivan's Island! Don't miss this opportunity to own a beautiful piece of property that is close to everything and produces tons of rental income to boot!

Features & Amenities

  • Ceiling - Smooth
  • Elevator
  • Walk-In Closet(s)
  • Ceiling Fan(s)
  • Bonus
  • Entrance Foyer
  • Great
  • Balcony

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Property Status

StatusActive
Days on Market0
Property TypeRES
NeighborhoodIsle of Palms

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