1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
1 S Anderson Avenue
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$933,500

1 S Anderson Avenue

8 Beds 4,254 Sq.Ft. 10,890 Sq.Ft.

Description

Rare Investment Opportunity on James Island!1 South Anderson Avenue is a solid brick quadplex offering four well-maintained 2-bedroom, 1.5-bathroom units in the heart of James Island. Each spacious unit features durable vinyl flooring throughout - no carpet in sight - and each unit has had some kitchen updates.The property brings in $7,300/month in gross rental income with all 4 units rented out close to current market rates. With strong in-place cash flow and rental upside over time, this is an ideal addition to any investor's portfolio.

Tenants enjoy a practical layout with comfortable living areas, eat-in kitchens, private patios, laundry room in each unit, and 2 upstairs bedrooms & full shared bathroom upstairs. Walking through each unit you'll find they have been very well maintained. The property also offers ample off-street parking in the dedicated parking lot behind the building, low-maintenance landscaping, and a durable brick exterior.

*Quadplex is Fully leased, though one of the leases is up in a few months, so an investor could live in one unit and continue renting out the others if they'd prefer to "house-hack!"*

Conveniently located just 6 miles to Folly Beach, 4 miles to Downtown Charleston, and only 3 miles from local favorite Pour House, the Terrace Theater, and restaurants at the Terrace Plaza. It's easy to see how this quadplex combines steady income with long-term appreciation potential in one of Charleston's most desirable submarkets.
This is your chance to own a turn-key multifamily property in an unbeatable James Island location - if this is the kind of investment you're looking to add to your portfolio, inquire for more details today!

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Location

1 S Anderson Avenue, Charleston, SC 29412

Status

Sold

Property Amenities

Interior
Total Bedrooms: 8
Other Interior Features Ceiling Fan(s)
Area & Lot
Total area 4,254 Sq.Ft.
Lot Area 10,890 Sq.Ft.
Living area 4,254 Sq.Ft.
MLS® ID 25015172
Year Built 1981
High School James Island Charter
Middle School Lowcountry Leadership Charter
Elementary School James Island
Type Multi-Family
Status Sold
Exterior
Stories 2
Air conditioning Central Air
Heat type Central, Heat Pump
Water Source Public
Sewer Public Sewer
Parking Other
Utilities Charleston Water Service, Dominion Energy
Finance
Sales Price $933,500

Charleston

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