Multi Family in North Charleston
Very rare 10-plex! 10.4% cap rate and over $91,000 gross income per year and tenants pay all their own utilities(individually metered). All 2-bedroom, 1 bathroom units. Many of the units have been renovated or improvements made. 3 buildings(2- 4 plex units and 1 duplex) on separate parcels. Live in one unit to qualify for FHA/VA Financing. Many improvements to the property both externally and internally. New parking area. New keyed mailbox. New roofs. New fence. Affordable housing is in demand in Charleston and these units are always full. X and .2 percent flood zone so minimal flood risk and insurance.
7,196 Sq. Ft.
- Listing Status: Active
- Year Built: 1984
- Floors: 1.0
- School District: North Charleston
- School District2: Morningside
- School District3: North Charleston
- County: Charleston
- Units: 10
- MLS Number:19004605
- Wood Siding