Bought with Bright City LLC
$345,000
$350,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
1107 Prince St Georgetown, SC 29440
4 Beds
2,900 SqFt
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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