Price Reduction
Address
5521 Garrett Ave North Charleston, SC
Price
$ 226,500
Property Attributes
  • MLS#30009275
  • TypeContingent
  • CountyCHARLESTON
  • CityNorth Charleston
  • AreaN. Charleston Outside 526
  • Zip29406
  • Style
  • Price$ 226,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Brand Name Real Estate
Property Description

Investors take a look at these numbers and run them yourselves. This property is a true cash flow property without you needing to make improvements or raise the rents. The work has already been done. You aren’t the one making the property worth the asking price, it’s already worth it.Gross monthly rent currently at $3,850 and property stays full. Net operating income around $3,000. Those are strong numbers. Empty units are filled fast with little turnover work required. Total of 6 detached units. There is a main house and 5 mobile homes. The home has a new roof, new HVAC, and has been well maintained and painted throughout. Brick exterior required little in the way of upkeep. Two of the trailers have new roofs as well. Trailers are a bit older but bring in market rents for the area. .

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
10/14/2016 Listed $229,000
6/30/2017 1% - $228,000
1/12/2018 1% - $226,500

General Features

Property Type Multi-Family
Submarket 32 - N.Chas./Summerville outside I-526

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 29406

Price
AVG $200K
$230K
Visits
AVG 104
58
Walkscore
AVG 26
51

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