160-166 Pine Shadow Drive, Goose Creek, SC 29445
$800,000
Property Type:
Commercial Sale
Square Footage:
4,588
Status:
Active Contingent
Current Price:
$800,000
List Date:
3/06/2024
Last Modified:
4/12/2024
Description
CALLING ALL INVESTORS! Great opportunity for an investor looking for a value add quad-plex! All four units are well maintained with long term tenants in place on a month to month basis. Each unit is 3 bedrooms and 1.5 baths. Light cosmetic updating may help truly maximize rents, current rental comps on updated units are in the $1650-1850/mo range for three bedrooms in the area. All four units are also separately deeded so there is an opportunity to update and sell them individually as well, either now or later! Two off-street parking spaces per unit. HVACs in all units and roof are only a few years old so that part of the heavy lifting is done, this is truly a unique opportunity for the right investor interested in the rapidly developing Red Bank area of Goose Creek!
More Information MLS# 31002952
Location
Street Number: 160-166
Street Name: Pine Shadow
Street Suffix: Drive
County: Berkeley
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 72 - G.Cr/M. Cor. Hwy 52-Oakley-Cooper River
State or Province: SC
Postal Code: 29445
Parcel Number: 2520601039
Opportunity Zone: No
General Information
Status: Active Contingent
Property Sub Type: Multi Family
Listing Name: Goose Creek Quadplex for Sale!
Property Condition: Existing
Number of Units Total: 4
Building Area Total: 4588
Lot Acres: 0.21
Zoning: Berkeley - R5 - Multifamily Residential (large-scale)
List Price/Acre: 3809523.81
List Price/SqFt: 174.37
For Comp Purposes Only: No
Contract Information
Listing Contract Date: 2024-02-11
List Price: $800,000
Original List Price: 800000
Tax Legal Description: Assessment District: 457Pineland Heightslot 1-A
Current Price: $800,000
Building Related
Percent Occupied: 100
General Condition: Good
Stories Total: 2
Year Built: 2004
Parking Total: 8
Number Of Buildings: 1
Land Related
In Flood Plain?: No
Directions & Remarks
Directions: 26W to 52N(209), right NAD/Goose Creek Rd, merge onto Red Bank, right on Bayshore, left on Pine Shadow, units on left
Public Remarks: CALLING ALL INVESTORS! Great opportunity for an investor looking for a value add quad-plex! All four units are well maintained with long term tenants in place on a month to month basis. Each unit is 3 bedrooms and 1.5 baths. Light cosmetic updating may help truly maximize rents, current rental comps on updated units are in the $1650-1850/mo range for three bedrooms in the area. All four units are also separately deeded so there is an opportunity to update and sell them individually as well, either now or later! Two off-street parking spaces per unit. HVACs in all units and roof are only a few years old so that part of the heavy lifting is done, this is truly a unique opportunity for the right investor interested in the rapidly developing Red Bank area of Goose Creek!
Status Change Info
Status Change Date: 2024-04-12
Under Contract Date: 2024-04-11
Contingent: Active Contingent
Contingency Reason: Due Diligence
Auction Details
Auction: No
Easements
Easements Description: Rear of property along property line
Property Features
Property Sub Type: Multi Family
Current Use: Multi-Family
Structure Type: Quadruplex
Existing Lease Type: Gross
Roof: Shingle
Construction Materials: Vinyl Siding
Parking Type: Surface
Heating: Central
Cooling: Central Air
Internet Access: Cable
Road Surface Type: Paved
Easements: Utilities
Water Source: Public
Sewer: Public Sewer
Listing Office: The Boulevard Company, LLC
Last Updated: April - 12 - 2024
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