Viewing Listing MLS# 26002697
North Charleston, SC 29406
- 4Beds
- N/AFull Baths
- N/AHalf Baths
- 2,000SqFt
- 1973Year Built
- 0.20Acres
- MLS# 26002697
- Multi Family
- Active
- Approx Time on Market1 month, 4 days
- AreaNorth Charleston/summerville/ladson Dorchester
- CountyCharleston
- Subdivision Charleston Farms
Overview
See portfolio listing MLS#26001453! Seller will consider pricing incentives for clean, non-seller-financed transactions with strong terms. Don't miss your chance to purchase this turnkey 5-unit multifamily investment. The offering includes five one-bedroom, one-bathroom units.The property features a stabilized rental profile with a blend of three long-term rental units and two short-term rental units, allowing investors to benefit from diversified income streams and operational optionality. All units are fully leased, and the short-term rental units have an established operating history, supporting immediate cash flow.The asset underwent a comprehensive renovation on 3 of the units between 2023-2024, (the other two were renovated recently before current owner purchased) including significant capital improvements to electrical, plumbing, HVAC systems, and hot water heaters, along with full cosmetic updates. Renovations include new LVP flooring, drywall, quartz countertops, tile showers, stainless steel appliances, updated cabinetry, modern fixtures, fresh interior and exterior paint, and landscaping, positioning the property as a low-maintenance, turnkey investment.The building features concrete block construction, shingle roof, Romex wiring, and PVC/PEX plumbing. The property is located in Flood Zone X (minimal flood risk) and sits on a large lot.Ideally located just minutes from Park Circle, this Sumner 5-plex benefits from proximity to walkable dining, breweries, and neighborhood retail, along with convenient access to Rivers Avenue (US-52), I-526, and I-26, providing efficient connectivity to Downtown Charleston, Daniel Island, and the greater Charleston MSA. Major nearby employment centers include Boeing, Joint Base Charleston, Mercedes-Benz Vans, Charleston International Airport, and the rapidly expanding Naval Yard redevelopment corridor.This property represents a rare small-multifamily opportunity combining stabilized occupancy, renovated core systems, and diversified rental income in a supply-constrained market. With no heavy repositioning required, the property is well suited for investors seeking immediate income, operational ease, and durable long-term value. Some seller financing may be considered from seller equity, there is a mortgage on the property.
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Farm Credit Service Incl: No
Association Fees / Info
Bathroom Info
Building Info
Year Built: 1973
Business Info
Buyer Compensation
Exterior Features
Garage / Parking
Interior Features
Interior Features: Ceiling Fan(s)
Laundry Features: Electric Dryer Hookup, Washer Hookup
Lot Info
Lot Size: 0.20
Lot Size Units: Acres
Acres: 0.20
Lot Sqft: 8712
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: B
Stories: 1
Foundation: Crawl Space, Slab
Exterior: Block/Masonry, Stucco
Roof: Asphalt
Property Subtype: No
Building Area Units: Square Feet
Entry Location: Ground Level
Home Warranty: No
Habitable Residence: No
Structure Type: More than 4
Room Info
Beds: 4
Sale / Lease Info
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Unit Sqft: 400
Unit Sqft: 400
Unit Sqft: 400
Unit Sqft: 400
Sqft: 2000
Unit Info
Number of Units Total: 5
Unit: A,B,C,D,E
Unit Bedrooms: 1
Unit Bedrooms: 1
Unit Bedrooms: 1
Unit Bedrooms: 1
Utilities / Hvac
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Electric, Heat Pump
Water Sewer: Public Sewer
Cooling: Yes
Waterfront / Water
Directions
Continue On N Rhett Ave/state Rd S-10-60. Drive To State Rd S-10-282/sumner Ave 2 Min (0.5 Mi) Use The Left Lane To Turn Left Onto N Rhett Ave/state Rd S-10-60 0.4 Mi Turn Left Onto State Rd S-10-282/sumner Ave Destination Will Be On The Left.Courtesy of listing office Maven Realty
MLS# 25027596
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than The Elizabeth Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 03-05-2026 10:51 PM EST .
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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