1497 Remount Road | #25007505
About this property
Address
Features and Amenities
- Cooling
- Other
- Heating
- Heat Pump, See Remarks
- Roof
- Architectural
- Community Features
- Bus Line
- Utilities
- Charleston Water Service, Dominion Energy
Description
Investor Opportunity: High Cash Flow + Future Expansion Potential. BRING AN OFFER! -This is your chance to secure a lucrative, income-generating property in North Charleston, SC! Located at 1497 Remount Road, this property already offers 4 fully-renovated, short-term rental units, producing $8,000/month in consistent cash flow. But that's just the beginning - with Hotel/Motel Licensing in place and approval to build 29 additional units, this property has significant upside potential for future growth. -Key Features: 4 existing cash-flowing units currently averaging $8,000/month in Short Term Rental income. Hotel/Motel License allowing all 4 units to operate as legal short-term rentals. 29-unit expansion approval - grow the property and maximize your investment.Fully furnished units - all furnishings convey with an acceptable offer.Renovated, tastefully decorated spaces, providing a perfect blend of comfort and convenience for guests.Common area available for co-working space - increasing appeal for both leisure and business travelers.Located in North Charleston, just minutes from local attractions, businesses, and major highways, this property offers a turnkey solution for savvy investors. Whether you continue to grow your short-term rental portfolio or expand the property with additional units, the potential for ROI is substantial.Don't miss out on this highly-profitable opportunity with the ability to scale. Act fast before it's gone!
Schools
| Name | Address | Phone | Type | Grade |
|---|---|---|---|---|
| A. C. Corcoran Elementary | 8585 Vistavia Road | 8437642218 | Public | PK-5 SPED |
| Matilda Dunston Elementary | 1825 Remount Road | 8437457109 | Public | PK-5 SPED |
| Name | Address | Phone | Type | Grade |
|---|---|---|---|---|
| Deer Park Middle | 2263 Otranto Rd | 8439905200 | Public | 6-8 SPED |
| Name | Address | Phone | Type | Grade |
|---|---|---|---|---|
| GREEN Charter School Lowcountry | 8717 Old University Boulevard | 8435017911 | Public | K-8 SPED |
| Name | Address | Phone | Type | Grade |
|---|---|---|---|---|
| Learn4Life High School - Charleston | 6209 Rivers Avenue | 8436666362 | Public | 9-12 SPED |
| Lowcountry Acceleration Academy | 5935 Rivers Avenue, suite 101A | 8438046778 | Public | 9-12 SPED |
| Palmetto Excel | 7000 Rivers Avenue, Building 100 | 8433299662 | Public | 9-12 SPED |
| Name | Address | Phone | Type | Grade |
|---|---|---|---|---|
| Midland Park Primary | 2415 Midland Park Road | 8435742183 | Public | PK-K SPED |
Price Change history
$800,000 $452/SqFt
$775,000 $438/SqFt
$750,000 $424/SqFt
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Listing Provided by Maven Realty
