Property Details

Description

ATTENTION ALL INVESTORS! Don't miss this fantastic opportunity to own a newly renovated and occupied long term rental, located less than 10 minutes to Calhoun Street in downtown Charleston! This 3 bedroom, 1 bath home with true laundry room was fully remodeled in 2024, including a new roof, new windows, upgraded 200 amp electrical panel and drop, all new bathroom, new kitchen cabinets with granite countertops and stainless appliances, new HVAC and ductwork, new water heater, and new vinyl plank flooring throughout- ensuring the new owner will have no major expenses for years to come! All utilities and lawn care are the responsibility of the tenant, and taxes at the 6% investor rate are less than $4000/yr based on list price.Currently rented for $1950/month through June 2026, the cap rate including a 10% management fee, property taxes, and hazard insurance is roughly 6.8%, making this one of the best investment opportunities inside 526 that's currently listed on MLS, and it is being offered at a very approachable price point for first time or seasoned investors. This property is also worth consideration by anyone seeking 1031 options as we head towards year's end! The listing agent has an ownership interest in the property and can answer any questions directly. Don't miss your chance to invest in North Charleston while the numbers still make sense!

Features & Amenities

• Ceiling Fan(s)

Property Status