5470 Annette Street, Charleston, SC 29406 (MLS# 26002690)


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5470 Annette Street, Charleston, SC 29406

$320,000
Property Type: MultiFamily Square Footage: 1,000 Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $320,000 List Date: 1/29/2026 Last Modified: 1/29/2026

Description

See MLS Listing 26001453 for package listing! Opportunities like this don't come up often in North Charleston. 5470 Annette St offers a fully renovated duplex in a prime location near Park Circle and surrounded by major redevelopment activity - both in the neighborhood with all of the new builds and area-wide like the Naval Yard Redevelopment Project. With both units leased and modernized, this is a rare chance to step into an already-performing property in one of the most dynamic submarkets in the Charleston area. Each side is a true 1-bedroom, 1-bath unit with private entrances, updated mechanicals throughout, and strong leases in place.

Supplements: The property was comprehensively renovated just a few years ago  electrical, plumbing, HVAC, and finishes were replaced  so the next owner can focus on income, not maintenance headaches. Both units include modern kitchens with stainless steel appliances, quartz counters and updated bathrooms with tiled showers, new vanities, in unit washer/dryer and the kind of finishes today's renters expect. Whether you're a seasoned investor, 1031 exchange buyer, or someone looking to house hack and live in one unit while the other offsets your mortgage, this property delivers the versatility to fit a wide range of investment goals. The duplex format allows flexibility to continue operating as a long-term rental, explore mid-term or furnished housing for traveling professionals, or simply hold as a low-maintenance income producer in an area with a history of steady growth and rising demand. The location is prime - Annette Street sits minutes from Park Circle, and the restaurants, retail, and bars on E Montague as well as being minutes from 526, making for an easy commute to downtown. The surrounding area has seen consistent growth as the City of North Charleston prioritizes infrastructure, green space, and redevelopment in this corridor. With proximity to major employers, the airport, and quick interstate access, this address benefits from strong tenant demand and excellent rental stability. For investors focused on portfolio diversification and cash flow, this property checks all the right boxes: -Fully renovated and performing from day one -Professionally managed, offering optional hands-off ownership -Stable tenants and proven rent history -Modernized systems, reducing near-term maintenance costs -Located in a high-demand growth corridor with limited small multifamily inventory As smaller multifamily assets become harder to find in core Charleston submarkets, this duplex stands out as an efficient, low-risk way to participate in the area's growth story. It combines the convenience of a turnkey property with the strategic upside of a market that has been on an upward trend. Whether you're exchanging out of another market, adding to your existing portfolio, or taking your first step into multifamily ownership, 5470 Annette Street offers the kind of simplicity and long-term potential investors look for, but rarely find, in Charleston's competitive landscape.

More Information MLS# 26002690

Contract Info

Primary Structure List Price/SqFt: 320 MLS List Date: 2026-01-29 Status: Active List Price: $320,000 Current Price: $320,000

Location, Tax & Legal

Legal Description: District/Ward City Of North Charleston (Td 43) 2010 Census Trct/Blk 34/4 Tax Map #: 4710300021 Street #: 5470 Street Name: Annette Street Suffix: Street 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: North Charleston Middle School: Morningside High School: North Charleston Directions: Exit 526, turn left onto N Rhett ave, then turn left on Sumner Ave. IMake another left onto Annette St and it will be the dark blue building with the large gravel parking lot.

General Property Info

# Stories: 1 Ground Level: Yes Occupancy: Leased Potential Short Sale: No Other Structures Y/N: No Number of Units: 2 Primary Structure Apx SqFt: 1000 Year Built: 1973 Acreage: 0.13

Income, Expenses & Fees

Gross Income: 28800 Auction: No

SqFt Source

Tax Records: 1

Unit 1

SqFt: 500 Bedrooms: 1 Baths: 1

Unit 2

SqFt: 500 Bedrooms: 1 Baths: 1

Roof

Asphalt Shingle: 1

Exterior

Block/Masonry: 1

Attic Features

Access: 1

Foundation

Slab: 1

Garage/Parking

Other (Use Remarks): 1

Driveway

Gravel: 1

Architectural Style

Duplex: 1

New Owned/Pre-owned

Pre-Owned: 1

Equipment/Appliances

Ceiling Fan: 1 Dishwasher: 1 Disposal: 1 Electric Range: 1 Electric Single Oven: 1 Microwave: 1 Refrigerator: 1 Stacked Washer/Dryer: 1 Washer Hookup: 1

Cooling

Ductless: 1 Electric: 1 Heat Pump: 1

Heat

Ductless: 1 Electric: 1 Heat Pump: 1

Amenities

Trash: 1

Sale Includes

Building and Land: 1 No Furniture: 1

Proposed Financing

Any: 1

Tenant Pays

Electric: 1

Possession

At Closing: 1

Water/Sewer

Public Sewer: 1 Public Water: 1

Utility Suppliers

AT&T: 1 Charleston Water Service: 1 Dominion Energy: 1

Property Features

SqFt Source: Tax Records Roof: Asphalt Shingle Exterior: Block/Masonry Attic Features: Access Foundation: Slab Driveway: Gravel Architectural Style: Duplex Cooling: Ductless; Electric; Heat Pump Heat: Ductless; Electric; Heat Pump Amenities: Trash Sale Includes: Building and Land; No Furniture Tenant Pays: Electric Proposed Financing: Any Possession: At Closing Utility Suppliers: AT&T; Charleston Water Service; Dominion Energy
Listing Office: Maven Realty
IDX
Last Updated: January - 29 - 2026
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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