Summerville, SC 29483
- 8Beds
- N/AFull Baths
- N/AHalf Baths
- 4,000SqFt
- 1978Year Built
- 0.18Acres
- MLS# 1310413
- Multi Family
- Sold
- Approx Time on Market5 months, 10 days
- AreaSummerville/ladson/ravenel Dorchester
- CountyDorchester
- Subdivision None
Overview
Fully renovated ( and I do mean fully ) brick quadraplex with tenants in place!New HVAC units , new appliances. Great income producing opportunity for an investor not only does it cash flow but would work out to be approximately a 9% cap rate. Leases in place so showings will need to be scheduled with plenty of notice. Each unit is two bedrooms and a bath and a half. Less than ten minutes from downtown Summerville and Dorchester 2 schools. Tenants rights apply.
Sale Info
Listing Date: 04-19-2013
Sold Date: 09-30-2013
Aprox Days on Market: 
5 month(s), 10 day(s)
Listing Sold: 
11 Year(s), 1 month(s), 13 day(s) ago
Original Asking Price: $225,000
Asking Price: $225,000
Selling Price: $208,000
Price Difference From Original:
Reduced By $17,000
Price Difference From Asking:
Reduced By $17,000
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
Building Info
Year Built: 1978
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lot Size: 0.18
Lot Size Units: Acres
Acres: 0.18
Lot Sqft: 7840.799999
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: B
Stories: 2
Exterior: Brick Veneer
New Construction: No
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Quadruplex
Room Info
Beds: 8
Sale / Lease Info
Sold Date: 2013-09-30T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Unit Sqft: 1,000
Unit Sqft: 1,000
Unit Sqft: 1,000
Unit Sqft: 1,000
Sqft: 4000
Unit Info
Number of Units Total: 4
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Utilities / Hvac
Water Source: Public
Utilities: SCE & G
Heating: Yes
Heat: Heat Pump
Water Sewer: Public Sewer
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
I-26 West To Summerville Exit ( Go Through Town / Left ) Stay On Main St. Go Past Fork In Road ( Tupperway Dr)main St Becomes Boonehill Stay Left On Boone Hill Rd Quadraplex On Left Before Reaching OrCourtesy of listing office Carolina One Real Estate - 843-779-8660