$1,199,900
Special Offer:
(If you do not have an agent and work directly with the listing agent)
No
About This Home
Rare Investment Opportunity on James Island! *Quadplex is Fully leased, except for one unit, so an investor could live in one unit and continue renting out the others!*1 South Anderson Avenue is a solid brick quadplex offering four well-maintained 2-bedroom, 1.5-bathroom units in the heart of James Island. Each spacious unit features durable vinyl flooring throughout - no carpet in sight - and each unit has had some kitchen updates *more photos coming soon*.The property brings in $5,400/month in gross rental income with only 3 units rented out at current market rates. Rent out all 4 units to achieve more than $7,000/month in rental income. With strong in-place cash flow and rental upside over time, this is an ideal addition to any investor's portfolio. Tenants enjoy a practical layout with comfortable living areas, eat-in kitchens, private patios, laundry room in each unit, and 2 upstairs bedrooms & full shared bathroom upstairs. Walking through each unit you'll find they have been very well maintained. (Owner is unsure of the age of the roof.) The property also offers ample off-street parking in the dedicated parking lot behind the building, low-maintenance landscaping, and a durable brick exterior. Conveniently located just 6 miles to Folly Beach, 4 miles to Downtown Charleston, and only 3 miles from local favorite Pour House, the Terrace Theater, and restaurants at the Terrace Plaza. It's easy to see how this quadplex combines steady income with long-term appreciation potential in one of Charleston's most desirable submarkets. This is your chance to own a turn-key multifamily property in an unbeatable James Island location - make your offer today!
Location
1 S Anderson Ave Charleston, SC 29412
Listing Agent
