3410 Rivers Avenue, North Charleston, SC 29405

$475,000
2,377
SqFt

Property Description

This is an opportunity to acquire a turnkey, cash flow positive, commercial/multi-family property along Charleston's growth corridor. Current multi-family rents and 100% occupancy make this an attractive cash flowing property and commercial zoning, opportunity zone status and Lowcountry Rapid Transit access provide buyer with numerous exit strategies over the coming years.List Price: $475,000Revenue: $5,175 per month or $62,100 per yearMulti-family, 8 Units (1 storage), Fully occupiedCommercial Zoning, Opportunity Zone, Street-to-street with frontage on Rivers AvenueAlong Lowcountry Rapid Transit route (Near ''Shipwatch Square'' Transit Hub)Current owners have spent the last two+ years: oInvesting in capital improvements such as a new roof, drainage, etc. o Addressing deferred maintenance o Optimizing tenants and rents including securing leases and collecting security deposits " Property Management company in place (they also rent the storage unit)

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Listing courtesy of Southeastern Property Group.