This spacious property Located in one the hottest business corridors of North Charleston is being operated as a Residential Care Facility and currently has been Leased out for the last 8 yrs, at 1500 a month on a month to month basis. This property is being sold in conjunction with 3408 Lanape St, which generates 1500 a month as well. The end buyer on this one can either keep the tenants and benefit from a nice over 10 cap investment, cash on cash return 3 k a month Another option is to move forth in a different direction as these properties offer the owner to have a nice TRUE Live In Work In Environment not to meantion these structures are flanked by Law Firms, Professional offices and a police substation. located right at the corner of busy Cosgrove/Rivers Ave Corridor
Listing Date: 06-01-2018
Sold Date: 05-10-2019
Aprox Days on Market: 
11 month(s), 8 day(s)
Listing Sold: 
7 Year(s), 1 month(s), 9 day(s) ago
Original Asking Price: $150,000
Asking Price: $148,400
Selling Price: $125,000
Price Difference From Original:
Reduced By $25,000
Price Difference From Asking:
Reduced By $23,400
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Halfbaths: 1
Fullbaths: 2
Year Built: 1945
Rent Control: No
Pool Private: No
Style: Live/Work
Garage: No
Attached Garage: No
Fireplace: No
Lot Size: 0.12
Lot Size Units: Acres
Acres: 0.12
Lot Sqft: 5227.2
Irrigation Water Rights: No
Mobile Home Remains: No
Property Type: A
Stories: 1
New Construction: No
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Beds: 3
Sold Date: 2019-05-10T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft: 1269
Water Source: Public
Heating: No
Water Sewer: Public Sewer
Cooling: No
Waterfront: No
Courtesy of listing office Coldwell Banker Realty