UPDATED:
Key Details
Property Type Multi-Family
Sub Type More than 4
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $440
Subdivision Charleston Farms
MLS Listing ID 26002697
Bedrooms 4
HOA Y/N No
Year Built 1973
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type More than 4
Property Description
The building features concrete block construction, shingle roof, Romex wiring, and PVC/PEX plumbing. The property is located in Flood Zone X (minimal flood risk) and sits on a large lot.
Ideally located just minutes from Park Circle, this Sumner 5-plex benefits from proximity to walkable dining, breweries, and neighborhood retail, along with convenient access to Rivers Avenue (US-52), I-526, and I-26, providing efficient connectivity to Downtown Charleston, Daniel Island, and the greater Charleston MSA. Major nearby employment centers include Boeing, Joint Base Charleston, Mercedes-Benz Vans, Charleston International Airport, and the rapidly expanding Naval Yard redevelopment corridor.
This property represents a rare small-multifamily opportunity combining stabilized occupancy, renovated core systems, and diversified rental income in a supply-constrained market. With no heavy repositioning required, the property is well suited for investors seeking immediate income, operational ease, and durable long-term value. Some seller financing may be considered from seller equity, there is a mortgage on the property. An LLC purchase will be considered as a way to transfer STR permits.
Location
State SC
County Charleston
Area 32 - N.Charleston, Summerville, Ladson, Outside I-526
Interior
Interior Features Ceiling Fan(s)
Heating Electric, Heat Pump
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Utilities Available Charleston Water Service, Dominion Energy
Roof Type Asphalt
Building
Dwelling Type More than 4
Story 1
Foundation Crawl Space, Slab
Sewer Public Sewer
Water Public
Structure Type Block/Masonry,Stucco
New Construction No
Schools
Elementary Schools North Charleston
Middle Schools Morningside
High Schools North Charleston
Others
Acceptable Financing Any
Listing Terms Any
Financing Any
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