1 Anderson Avenue | #25015172
About this property
Address
Features and Amenities
- Cooling
- Central Air
- Heating
- Heat Pump
- Community Features
- Bus Line
- Interior Features
- Ceiling Fan(s)
- Utilities
- Charleston Water Service, Dominion Energy
- Other
- Central
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 at 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!*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 - make your offer today!
Schools
Name | Address | Phone | Type | Grade |
---|---|---|---|---|
Camp Road Middle | 1825 Camp Road | 8437622784 | Public | 6-8 SPED |
Name | Address | Phone | Type | Grade |
---|---|---|---|---|
Harbor View Elementary | 1576 Harborview Drive | 8437622749 | Public | PK-5 SPED |
James Island Elementary | 1872 Grimball Road | 8437628240 | Public | PK-5 SPED |
Stiles Point Elementary | 883-A Mikell Drive | 8437622767 | Public | PK-5 SPED |
Name | Address | Phone | Type | Grade |
---|---|---|---|---|
James Island Charter High | 1000 Fort Johnson Road | 8437622754 | Public | 9-12 SPED |
Name | Address | Phone | Type | Grade |
---|---|---|---|---|
Murray-LaSaine Montessori | 691 Riverland Drive | 8437622765 | Public | PK-8 SPED |
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