1402 Camp Rd Unit 2g, Charleston, SC 29412

Fantastic Opportunity for All Cash Buyers or Cash Investors. This spacious 3 bedroom, 2 bath condo last sold in 2005 for $149,000 and is being HUGELY DISCOUNTED via a short sale and pending bank approval. Recent comps suggest a sale at this price of $73,000 is a real value at right around, or slightly less than 50% of its last purchase price. This 3 bedroom unit is 1195 sq ft per the tax records, and currently has 2 great tenants with a lease and property management in place until June 2014, so your rent checks can start coming in immediately. This unit has a fireplace, washer/dryer connection inside, and plenty of outside parking making it ideal for renters or owner occupants. The POA maintained community pool, and green space for pets is also a real plus. This is a pet friendly complex, but only for non-aggressive breeds. Pointe James is located in a highly desirable and convenient location, just minutes from downtown Charleston, Folly Beach, shopping, dining, and within walking distance to James Island Middle School. The entire Pointe James condo complex is undergoing renovation, and the siding and balconies have already been replaced on this building. Per the POA, the special assessment of $314.35 per month should be covering new siding, sliders, balconies, front entry doors and improved landscaping. The special assessment is expected to run through June of 2014, with a possible extension. Regime fee of $327 monthly covers use of pool and all amenities plus all exterior maintenance, water, sewer, pest control and insurance. HOA reports a capital improvement transfer fee due at closing of $981. A short sale negotiator is involved in managing this file and dealing with the bank. Hurry and bring us a good offer! Buyer to verify all information. Some recent Sold Comps, 2A,2B,6A.