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Off market
  • $1,210,600

    282 Fleming Rd APT B, Charleston, SC 29412

    8beds
    4,400sqft
    Condo
    Built in 1984
    -- sqft lot
    $1,210,600 Zestimate®
    $275/sqft
    $5,527 Estimated rent

    What's special

    INVESTOR SPECIAL! RARE 4-UNIT! Seller is a former real estate agent, who is not seeking representation. Gross $52,800 Expenses (water, lawn, r&m, cleaning between tenants) $5,000 Net $47,800 Cap rate 10% (if owner managed) 7.79% if managed by management company. This area is getting incredibly popular! Recent comp sold for $435,000 18 months previous with lower rent roll. Rents have increased from $650-$800 three years ago to $950-$1,200+! Rent increases show no signs of slowing. Apartments recieve multiple inquiries within 24-hours and usually rent within 48-hours. Zero vacancies for 3 years. Unit A - $950 7 year resident Unit B - $1,100 12 months remaining Unit C - $1,100 13 months remaining D - $1,250 (owner occupied, but willing to rent month-to-month upon sale). Being sold as is, where is with no improvements. Proof of funds needed with genuine offers. Seller is a former real estate agent, who is not seeking representation. Buyer's agent commission will be offered.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 4
    • 1/2 bathrooms: 4
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    • Laundry: Hookups
    Features
    • Flooring: Tile, Carpet, Laminate, Linoleum / Vinyl
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,400 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: City
    Lot
    • Size: 9,583 sqft

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1984

    Community & neighborhood

    Location
    • Region: Charleston

    Other

    Other facts
    • Balcony
    • Cats Allowed
    • Cooling System: Air Conditioning
    • Garbage included in rent
    • Large Dogs Allowed
    • Laundry: Hookups
    • Laundry: In Unit
    • Sewage included in rent
    • Small Dogs Allowed
    • Washer/Dryer Hookups
    • Water included in rent
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,210,600

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,210,600