*** PRICE REDUCED TO $509,000OWNER/BROKER HAS OWNED PROPERTY SINCE 1980** APARTMENTS VERY PRODUCTIVE AND IN FANTASTIC LOCATION--NEXT TO ST JOHN'S CATHOLIC CHURCH/SCHOOL, ONE BLOCK TO SIDE GATE OF SHIPYARD NOW OPEN TO PUBLIC, TWO BLOCKS TO BUS LINE. HIGH DEMAND AREA!!-PRESENTLY ALL UNITS ARE ON YEAR LEASES UNFURNISHED WITH MONTHLY RENT OF $695/725--CURRENT GROSS INCOME $104,580 ,EXPENSES $27,551 **NET INCOME 77,029 CAP RATE 14.8% AND WILL INCREASE YEARLY GREAT LOCATION ACROSS STREET FROM SHIPYARD AND LOCATED NEXT DOOR TO ST JOHNS CATHOLIC CHURCH AND SCHOOLWALKING DISTANCE TO SHIPYARD AND BUS LINE. TAXES $4231, INS $3,340 -LOW MAINTENANCE.
Multi-familyProperty Type
1960Year Built
0.25 acresLot Size
Listed by • Whitfield Realty
Bought with Brian Zaks• The Peninsula Company, LLC
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
67 ft.
Lot depth
162 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Charleston County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 7, 2023.
R-2
Multi-Family Residential District
It is the intent of this section that the R-2 zoning district be established and reserved for medium-to-high density residential purposes. The regulations which apply within this district are designed to encourage the formation and continuance of a stable, healthy environment for single and multi-family dwellings and to discourage any encroachment of commercial, industrial or other uses capable of adversely affecting the residential character of the district.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Property details
Parking
Parking & Garage Information
Open Parking: Yes
Parking Features: Other
Interior
Interior Features
Appliances: Electric Range, Gas Range
Heating & Cooling
Cooling: Window Unit(s)
Heating: Wall Furnace, Natural Gas
Financial Information
Number Of Units Total: 12
Tenant Pays: No Utilities
Multi-Unit Information
Number Of Units Total: 12
Exterior
Exterior Features
Roof: Architectural, Asphalt
Property Type
Residential Income
Property Information
Property Type: Residential Income
Building Information
Structure Type: Flat
Subdivision Information
Subdivision Name: None
Financial
Tax Information
Tax District: 45 - North Charleston Fire District
Tax Legal Description: lot 37 and 38
Tax Map Number: 46904002300
Utilities
Utility Information
Public Sewer
Utilities: SCE & G
Location
School Information
Elementary School: Chicora
Middle Or Junior School: Morningside
High School: North Charleston
Neighborhood Information
Subdivision Name: None
MLS Area Major: 31 - North Charleston Inside I-526
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Charleston County
APN: —
Home facts updated by county records on Jun 7, 2023