207 Coming St, Charleston, SC 29403

This triplex in Cannonborough has the perfect investment property location--just a few blocks from MUSC, College of Charleston, and the Charleston School of Law. It's also close to many popular restaurants: Five Loaves, The Grocery, Fuel, Hominy Grill, and Lana. Unit A is a 2 bedroom apartment rented through July 31st, 2014 at $1,525 per month. Unit B is a 2 bedroom apartment rented through June 30, 2014 at $1,600 per month. Unit C is a separate one story 1 bedroom house rented through July 31, 2014 at $1,025 per month. Total yearly gross rental income is $50,100. Hazard Insurance premium is $4,431. Taxes were $5,367.96. )Note that if you were to owner occupy, taxes would be much, much less.) Flood Insurance premium is $705. Located in FEMA flood zone AE, so most lenders will require flood insurance.