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Buy a multi-family propertyat 106 Germantown Road, Summerville, SC 29483

$1,225,000

$1,295,000 (-5.41%)

$0/mo

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Multifamily

6,288 Sq. Ft.

0.59 Acres lot

294 Days on market

23015567 MLS ID

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About 106 Germantown Road multi-family property

Great investment opportunity and the potential to increase your income. 106 Germantown Apartments is a 2 building multiplex with 4 units in each building. Each unit has 2 bedrooms 1 bath. The exterior is concrete and was just painted so easy to maintain. New roof, windows, central HVAC, columns and custom iron railings were completed recently. These units are close to downtown Summerville and are always occupied. The sellers have done many improvements please see list in documents. A coin laundry was also added to increase income.All 8 units have central HVAC.Opportunities abound with this property with many value adding possibilities :Sell 1 quadplex and keep other ...fix up some units and increase rents, etc.
Great investment opportunity and the potential to increase your income. 106 Germantown Apartments is a 2 building multiplex with 4 units in each building. Each unit has 2 bedrooms 1 bath. The exterior is concrete and was just painted so easy to maintain. New roof, windows, central HVAC, columns and custom iron railings were completed recently. These units are close to downtown Summerville and are always occupied. The sellers have done many improvements please see list in documents. A coin laundry was also added to increase income.All 8 units have central HVAC.Opportunities abound with this property with many value adding possibilities :Sell 1 quadplex and keep other ...fix up some units and increase rents, etc.

Property details

Location

Street name: Germantown

Street number: 106

MLS area: 63 - Summerville/Ridgeville

City: Summerville

Zip code: 29483

County: Dorchester

Amenities

Laundry

Trash

Building

8 total units

6,288 square feet

Built in 1972

2 stories

More than 4

Quadplex

Exterior Features

Block/Masonry

Lot

0.59 acres

Schools

High school: Summerville

Middle school: Alston

Elementary school: Flowertown

Property

Ground level

Monthly cost

Estimated monthly cost

$7,612/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$1,151,500

+$36,750

$1,188,250

Seller agent commission$36,750 (3%)*

$0 (0%)

Buyer agent commission$36,750 (3%)*

$36,750 (3%)*

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

Get $36,750 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 7, 2023 at 4:08 p.m.

Courtesy of Island House Real Estate
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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