2 active short term rentals sold fully furnished generating over 200,000 per year in income. All future bookings will transfer upon sale complete pass through investment at a high rate of return. Agents and buyers search through loopnet, crexi, mls, or any other real estate platform and try to find a pass through cap rate at 8.5%. The rentals have many five star reviews with streamlined management already in place. All three rentals are unique booking experiences since they are lake front (these units consistently rent higher than well known park circle rentals) and can accommodate a large family due to each townhome being over 2200 sq ft. Since the properties are fee simple and built after 2004 maintenance is minimal without worry of an overbearing HOA or large assessments.
Closed
$1,055,000
4953-4975 Lake Palmetto Ln, North Charleston, SC 29418
6beds
7baths
4,279sqft
Townhouse
Built in 2005
5,227.2 Square Feet Lot
$1,055,400 Zestimate®
$247/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 15, 2025 at 02:23pm
Listed by:
Tift Properties
Bought with:
Ashley Cooper Real Estate, LLC
Source: CTMLS,MLS#: 25003531

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Washer Hookup
Features
- Ceiling Fan(s)
Interior area
- Total structure area: 4,279
- Total interior livable area: 4,279 sqft
Property
Parking
- Parking features: Other
Lot
- Size: 5,227 sqft
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Vinyl Siding
- Foundation: Crawl Space
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2005
Community & neighborhood
Security
- Security features: Fire Sprinkler System, Security System
Community
- Community features: Dock Facilities
Location
- Region: North Charleston
- Subdivision: Lake Palmetto
Other
Other facts
- Listing terms: Any
Services availability
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Estimated market value
$1,055,400
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
$1,055,400