2314 W Palmer Dr, Charleston, SC 29414

This little gem with an income producing apartment in Drayton on the Ashley won't last long. This well maintained ranch has hardwood floors throughout and an open floor plan. The home features new replacement windows throughout and a new back patio door. The great room in the back encompasses the kitchen, breakfast area, sitting room and wood burning fireplace. The kitchen is a contemporary kitchen with a beautiful poured cement countertop and stainless appliances. This great room flows directly into the front den and separate dining room. There are 4 bedrooms down the hall, with an en-suite master bath and a full bath on the hall. There is a new completely separate apartment with an outside entrance that can be rented for income. Loft style with very cool fixtures and finishes. Drayton on the Ashley offers a private boat ramp, club facilities and a pool. The second floor loft apartment is vacant now. Loft could rent for about $600 a month on a long term lease. This extra income could increase your buyers power by $115,000. We priced this home based on only less than 1/2 of this income value. Stated Square Footage is the original home BEFORE the loft apartment was added. Loft is probably 300+ additional SQFT. As a STR, $800/ month in the winter and $1300/ month in the spring/ summer is the seller's experience.