Great investor opportunity. Turns immediate profit/month with current rental agreement. 2014 hvac. 2015 all new ductwork in attic. 2014 new range/stove, new refrigerator, all new flooring, new countertops, some new plumbing and light fixtures, bathroom completely redone. New insulation in attic. Termite bond. Section 8 tenant pays $940 per month with lease in place until nov. 30, 2017. Section 8 direct deposits $774/month with tenant paying remaining $166 along with utilities. Property grosses $11, 300/ year with expenses/taxes and insurance being approx $2500/year. 12.5% cap rate at this price.
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WEICHERT PALMETTO COAST
Popularity is a measure of how many people have viewed a particular property on the Better Homes and Gardens Real Estate website relative to how many people have viewed other properties in the area within the last 30 days. We use a scale of 1-10, with 10 indicating the highest level of interest.
This 4 bedroom, 2 bathroom Single Family home
for sale in North Charleston, SC
is currently listed for $70,000.
Featuring a lot size of 5,663 Sq. Ft.,
2878 Alabama Drive
was built in 1943 and
has been on BHGREhomes.com for 24 days.
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Data last updated: Wednesday, December 7, 2016 at 5:12 PM. Properties in listings may have been sold or may no longer be available.