1251 Sumner Avenue

North Charleston, SC, 29406

$3,950,000

$175 per ft²
$3,950,000
$175 per ft²
Sold
Sold
beds
3 Beds
carpenters-square
22,560 ft²
property_type
Multi-family
calendar
Built 1992
24 Units, all 3BR 1.5BA. Complex has undergone extensive renovation (see attachments). 100% occupied, all tenants are on a month to month lease, with NO subsidized / SEC 8. All units are currently rented below market value, so there is room for capital improvement. This is a PERFECT 1031 property, or portfolio add for someone looking for a clean and operational complex.
MLS® ID:
21027277
Listed:
10/7/21
Updated:
8/11/22
McConnell Real Estate Partners
Charleston Estates Team

Interior Features

Total Bedrooms
3
Total Bathrooms
0
Laundry Description
Dryer Connection
Heating
Electric, Forced Air

Exterior/Building Features

Lot Size
1.66 acres lot
Architectural Style
Condominium, High Rise, More than 4, Quadruplex
Roof
Architectural
Sewer
Public Sewer

School Information

High School
North Charleston
Middle/Jr High
Morningside
Elementary School
North Charleston

Other Property Details

Area Name
32 - N.Charleston, Summerville, Ladson, Outside I-526
HOA Amenities
Bus Line
Garage
Yes
Garage Spaces
2
Parking
2 Car
Parking Total
2.0
View
N
County
Charleston
Utilities
Charleston Water Service, N Chas Sewer Distric
Water Source
Public
Pool
No
Total Stories
3

Property History

Date
Event
Price
Value
3/22/22
Sold
-
-
3/22/22
Price Change
$3,950,000
-12%
1/28/22
Active Under Contract
-
-

 

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Data last updated 10:02 AM UTC, 8/11/22

McConnell Real Estate Partners
Charleston Estates Team
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