Georgetown, SC 29440,1107 Prince St
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Georgetown, SC 29440,1107 Prince St
Georgetown, SC 29440,1107 Prince St
Georgetown, SC 29440,1107 Prince St
Georgetown, SC 29440,1107 Prince St
Listed by Bright City LLC
Bought with Bright City LLC

$345,000

Est. payment /mo

$350,000

1.4%
Est.Price: ?

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1107 Prince St Georgetown, SC 29440

4 Beds

2,900 SqFt

SOLD DATE : 05/19/2023

Key Details

Sold Price $345,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $118

MLS Listing ID 23008322

Sold Date 05/19/23

Bedrooms 4

Year Built 1950

Lot Size 1.000 Acres

Acres 1.0

Property Description

Fantastic investment opportunity, Fully rented at $3,225 a month with the opportunity to increase cash flow!Nestled just a stone's throw away from the picturesque Georgetown waterfront in the coveted Historic District, this quadplex is the epitome of reliability, comfort, and convenience. Boasting four individually metered apartments, this property is perfect for discerning tenants seeking a reliable and long-term home and owner's looking to maximize every square inch of their investment.With a track record of tenants staying an average of four years, you can rest assured that your investment is in good hands.Ample parking is available in the rear of the building, complete with a grand foyer entrance and motion-detection courtesy lighting, providing both safety and convenience.

Each apartment features a thoughtfully designed layout, complete with a full kitchen, bath, living room, and bedroom with washer and dryer. Two apartments even offer an extra room that can be utilized as an office or an additional bedroom. All kitchens come furnished with a stove and refrigerator.

The apartments boast a mix of beautiful hardwood pergo flooring and plush berber carpeting, and all are equipped with mini-splits or window/wall-mounted heat pumps to keep residents comfortable year-round. Outside, tenants can enjoy a screened porch on the bottom floor or relax on the rear seating area.

This charming property comes with an exciting opportunity for an additional cash flow stream. With the included fifth floor space, the potential to transform it into another studio apartment is at your fingertips. Take advantage of this rare chance to increase your investment portfolio and maximize your returns.

Location is PRIME, situated in the heart of historic Georgetown, just a stone's throw away from the bustling waterfront. Take a leisurely stroll down the picturesque streets and explore the plethora of charming shops and restaurants that line the waterfront. Indulge in the rich history and culture of the neighborhood while enjoying the convenience of having everything you need within walking distance.

This is truly an incredible investment opportunity that you don't want to miss! Take a short stroll to experience all that the Georgetown waterfront has to offer, and enjoy the comfort and reliability of this remarkable quadplex. A separate deeded lot also offers additional parking options for tenants.

Location

State SC

County Georgetown

Area 81 - Out Of Area

Region None

City Region None

Interior

Interior Features Ceiling Fan(s)

Heating Heat Pump

Cooling Window Unit(s)

Exterior

Roof Type Architectural

Building

Story 3

Foundation Crawl Space

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Mcdonald Elementary

Middle Schools Georgetown Middle School

High Schools Georgetown

Others

Financing Cash, Conventional

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Jimmy Farrell

Broker Associate | License ID: 123425

+1(202) 365-4770

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