1497 Remount Road, North Charleston, SC 29406 (MLS# 23006771)

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1497 Remount Road, North Charleston, SC 29406

$840,000
Property Type: MultiFamily Square Footage: 1,800 Lot Size (sq. ft.): 19,166 Status: Active
Current Price: $840,000 List Date: 1/09/2024 Last Modified: 4/26/2024

Description

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.

Supplements: Our guests get to experience a perfect blend of comfort, convenience and affordability. Our 4 units also have a common area that can be used as a co-working space and are designed to give our guests a home away from home, furnished with every comfort imaginable. Each unit is tastefully decorated and comes fully equipped, providing our guests with an unforgettable experience. The hotel license has no density cap and there is enough existing parking and space to develop an additional 29 units! Located in one of the most sought-after areas in North Charleston, this property is just minutes away from the airport, top attractions and tourist hotspots, including shopping centers, restaurants, and museums. Additionally, the property is conveniently located close to public transportation, making it easier for our guests to navigate the city. Our 4-unit multi-family Airbnb is the perfect location for your next purchase in North Charleston, SC. Book your showing now and experience the ultimate in luxury and affordability.

More Information MLS# 23006771

Contract Info

MLS List Date: 2023-03-28 Status: Active List Price: $840,000 Current Price: $840,000

Location, Tax & Legal

Tax Map #: 4731400112 Street #: 1497 Street Name: Remount Street Suffix: Road County: Charleston State: SC Zip Code: 29406 Area: 32 - N.Charleston, Summerville, Ladson, Outside I-526 Tax District: 43 - City of North Charleston Subdivision: Charleston Farms Elementary School: Matilda Dunston Middle School: Morningside High School: North Charleston Legal Description: LT PT A OF LT 10 BLK 5 Directions: Follow I-526 W to US-52 W/US-78 W/Rivers Ave. Take exit 18B from I-526 E Drive to Remount Rd/State Rd S-10-13

General Property Info

Number of Units: 4 # Stories: 1 Ground Level: Yes Primary Structure Apx SqFt: 1800 Year Built: 1988 Acreage: 0.44 Lease Purchase: No Potential Short Sale: No Other Structures Y/N: Yes

Office/Member Info

Buyers Agency Compensation: 2.5 Buyers Agency Compensation Type: %

Unit 1

Bedrooms: 1 Baths: 1

Unit 2

Bedrooms: 1 Baths: 1

Unit 3

Bedrooms: 1 Baths: 1

Unit 4

Bedrooms: 1 Baths: 1

Other Structure

Other Structure Notes: Shed has full laundry in it.

Property Features

SqFt Source: Tax Records Roof: Architectural Exterior: Brick - Solid; Shed; Wood Siding Foundation: Crawl Space Garage/Parking: Other (Use Remarks) Driveway: Concrete Architectural Style: Quadplex New Owned/Pre-owned: Pre-Owned Zoning: Conforming Equipment/Appliances: Dryer; Microwave; Refrigerator; Washer; Other Cooling: Other Heat: Heat Pump; See Remarks Amenities: Bus Line; Trash Sale Includes: All Furniture Tenant Pays: No Utilities Proposed Financing: Any Possession: At Closing Water/Sewer: Public Sewer; Public Water Utility Suppliers: Charleston Water Service; Dominion Energy

Documents

Listing Office: Maven Realty
Last Updated: April - 26 - 2024
1497 Remount Road, North Charleston, SC 29406- MLS# 23006771
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.
Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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