North Charleston, SC 29420
- 4Beds
- 4Full Baths
- N/AHalf Baths
- 2,111SqFt
- 1984Year Built
- 0.15Acres
- MLS# 1408453
- Residential
- Single Family Detached
- Sold
- Approx Time on Market2 months,
- AreaNorth Charleston/summerville/ladson Dorchester
- CountyDorchester
- Subdivision Dorchester Manor
Overview
*** NOW FOR SALE *** THIS IS NOT ONE BUT TWO UNITS, YES THE ENTIRE DUPLEX FOR $66300....AWESOME OPPORTUNITY IN AN AWESOME MARKET *** Located in Dorchester Manor, the Airport, Interstate, Restaurants, Shops and more are all easily accessible from this CENTRALIZED LOCATION! Even better, it's situated within the AWARD WINNING DORCHESTER II SCHOOL DISTRICT! With supply and DEMAND being the core factor to a Market, one can only assume that DEMAND WILL BE STRONG since this is the only property for sale in the neighborhood! First, lets talk statistics. This MLS Area (61) saw an increase in sales in 2013 of 20% and the Median Sale price increased by 4.5% and most would be very happy with those numbers BUT....what if I TOLD YOU THAT IN THE FIRST TWO MONTHS OF 2014 THIS MLS AREA (61) SAW AN INCREASE OF SALES BY 8.9% AND MEDIAN PRICE INCREASE OF 32%...WOW? Now, that's just flat out ridiculous(buyer or buyer agent to confirm accuracy)! BUT....what if I were to tell you that in this MLS AREA (61) the MEDIAN PRICE PER SQ FT in 2013 was $87 and that ours is listed at $31(MLS Areas encompass a lot of communities so do not mistake for neighborhood or multi-family stats only)! Do I have your attention now...? 115 Cedar Grove Drive is a (4) Bedroom, (4) FULL BATH, 2111 DUPLEX with each unit(A,B) being identical and so it breaks down to a (2) Bedroom, (2) FULL BATH 1050 sq ft unit that has historically brought in $650.00($1300 total) a month in rental income...WOW! Yes, you read that correctly, $1300 a month which is almost 20% GROSS ROI....EPIC! There's plenty of parking on the paved driveways and each unit boasts a (1) story floor-plan with wall to wall carpet and FIREPLACE in the Living Rooms. The Kitchen and SEPARATE DINING AREA boast HARDWOOD FLOORS and OUTSIDE ACCESS TO THE COVERED PATIO! Please note that one of the units appears to have APPLIANCES that DO CONVEY! As I mentioned earlier and one of the most attractive features to this Listing is that each Bedroom has its OWN FULL BATH! The Bedrooms are equipped with wall to wall carpet and ceiling fans. With no HOA fee's and the property does not appear to require flood insurance, this could be one of the most AFFORDABLE OPPORTUNITIES for an End User as you could live in one and rent the other. I don't even need to point out the obvious reasons it's ATTRACTIVE for an Investor. The bottom line is that when you COMBINE LITTLE SUPPLY, AMAZING PRICING AND AN AWESOME MARKET TO A NEW LISTING, YOU GET A SOLD LISTING! DON'T BE CAUGHT ON THE SIDELINES SO HURRY UP AND SCHEDULE YOUR VIEWING! ***SPECIAL FINANCING MAY BE AVAILABLE*** AGENTS MUST READ NOTES *** Buyer to confirm accuracy of all information provided.
Sale Info
Listing Date: 03-29-2014
Sold Date: 05-30-2014
Aprox Days on Market: 
2 month(s), 0 day(s)
Listing Sold: 
10 Year(s), 5 month(s), 15 day(s) ago
Original Asking Price: $74,100
Asking Price: $66,300
Selling Price: $74,100
Price Difference From Original:
Same as Original Price
Price Difference From Asking:
Increase $7,800
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Association Fees / Info
Bathroom Info
Fullbaths: 4
Building Info
Levels: One
Year Built: 1984
Floors: Vinyl
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Misc Ext: Covered
Pool Private: No
Style: Ranch
Garage / Parking
Gar Pkg: Off Street
Garage: No
Attached Garage: No
Green / Env Info
Interior Features
Desclocation: Family Room
Interior Features: Ceiling - Blown, Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer
Fireplace: Yes
Laundry Features: Dryer Connection, Laundry Room
Lot Info
Lot Size: 0.15
Lot Desc: Level
Lot Size Units: Acres
Lot Dimensions: 60 X 105
Acres: 0.15
Lot Sqft: 6534
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: A
Stories: 1
Foundation: Slab
Exterior: Brick Veneer
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
Special: Corporate Owned
Entry Location: Ground Level
View: No
Home Warranty: No
Habitable Residence: No
Room Info
Beds: 4
Sale / Lease Info
Sold Date: 2014-05-30T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Special Features
Sqft Info
Sqft: 2111
Unit Info
Unit: A & B
Utilities / Hvac
Water Source: Public
Utilities: Charleston Water Service, SCE & G
Heating: Yes
Heat: Heat Pump
Water Sewer: Public Sewer
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
Enter Dorchester Manor From Ashley Phosphate. Left Onto Cedar Grove.Courtesy of listing office Fred Holland Realty