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Buy a multi-family propertyat 1497 Remount Road, North Charleston, SC 29406

$930,000

$0/mo

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Multifamily

1,800 Sq. Ft.

19,166 Sq. Ft. lot

401 Days on market

23006771 MLS ID

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About 1497 Remount Road multi-family property

Attention Investors! Value add opportunity here with 4 existing cash flowing units with HOTEL Licensing as well as approval to build 29 more units! Welcome to our incredible 4-unit multi-family Airbnb located at 1497 Remount Road in North Charleston, SC 29406! This property is ideal for savvy investors looking for a highly-profitable income-producing asset that has a hotel/motel license allowing all 4 units to be short term rentals. In it's first full month of operation between March 25th and April 25th, this property brought in $8,800, and that was with Tuesdays blocked off for showings! All furnishings to concey with an acceptable offer. With four beautifully renovated units, this property offers a unique opportunity for everyone to enjoy the perfect vacation spot.
Attention Investors! Value add opportunity here with 4 existing cash flowing units with HOTEL Licensing as well as approval to build 29 more units! Welcome to our incredible 4-unit multi-family Airbnb located at 1497 Remount Road in North Charleston, SC 29406! This property is ideal for savvy investors looking for a highly-profitable income-producing asset that has a hotel/motel license allowing all 4 units to be short term rentals. In it's first full month of operation between March 25th and April 25th, this property brought in $8,800, and that was with Tuesdays blocked off for showings! All furnishings to concey with an acceptable offer. With four beautifully renovated units, this property offers a unique opportunity for everyone to enjoy the perfect vacation spot.

Property details

Location

Street name: Remount

Street number: 1497

MLS area: 32 - N.Charleston, Summerville, Ladson, Outside I-526

City: North Charleston

Zip code: 29406

County: Charleston

Amenities

Bus Line

Trash

Building

4 total units

1,800 square feet

Built in 1988

1 story

Quadplex

Exterior Features

Brick - Solid

Wood Siding

Lot

0.44 acres

Schools

High school: North Charleston

Middle school: Morningside

Elementary school: Matilda Dunston

Property

Ground level

Monthly cost

Estimated monthly cost

$5,779/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$874,200

+$27,900

$902,100

Seller agent commission$27,900 (3%)*

$0 (0%)

Buyer agent commission$27,900 (3%)*

$27,900 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $27,900 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:34 p.m.

Data updated: Aug 1, 2023 at 11:09 a.m.

Courtesy of Maven Realty
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
Listing Information © 2024 Charleston-Trident MLS Inc. All Rights Reserved.

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