Share
Preview
Off Market - Cash Deal
 β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ β€Œ

8-Unit Multi-Family in an OPPORTUNITY ZONE

  Current Rent: $5,650  /  Market Rent: +/- $6,400

Reduced Cash Price: $440K OBO
Property Details:
Bedrooms: 16
Full Baths: 8
Half Baths: 0
Sq Ft: 5,376
Lot Size: n/a

# of Stories: 2
Year Built: 2004
Occupancy: 100% Leased
Foundation: Slab
2018 Taxes: 7,782.86

 
3310 Florida Ave. North Charleston, SC 29405
       VIEWING SET FOR THURSDAY @ NOON

      Rare opportunity to own a multi-family complex of this size in Charleston! This property is also located in one of Trump's "Opportunity Zones" for huge tax savings. We have been working on this deal for over 14 months, and finally have control of it. All units are occupied and on paper leases! There is a property manager in place, and the "Walk Score" is 73.

     All units are 2/1, around 700 SF, & on leases! One paying $750/mo and the other 7 are paying $700/mo. I believe with a little cosmetic work during turnovers you can get this renting at $800 per unit for a total income of $76,800/year. The roof was replaced in 2004. About $45,000 was invested a little while ago in new appliances, new wood on porch decking and stairs, and some other interior cosmetics.
This Property is 100% Leased!
*DO NOT attempt to access prior to contacting us*


Agents & Wholesalers: Only market within your private network. Do not market on other sites. Add your fee on top of my purchase price.
Send Questions & Offers to: Parker@BarringtonAcquisitions.com
or call 843-279-0570
Not on our VIP Buyers List Yet?
Click the House Below!



Email Marketing by ActiveCampaign