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    708 Yew Street

    Charleston, SC 29407
    • $850,000
    • STATUS: Active
    • ON SITE: 57 days
    • ID#: 21014164
    UPDATED: 50 min ago
    $850,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,776
      SQFT
    • $225
      $/SQFT
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Fully leased 5-unit multifamily property renovated in 2019. Land is high ground, no flood insurance. Prime 29407 West Ashley location exactly 1 mile from Whole Foods in Ardmore just off Highway 17, directly behind the Chick-fil-A. Ardmore has seen significant growth in the past few years, with many properties being renovated. All 5 units have desirable open floor plans with new interiors: LVT flooring, stainless appliances, stackable washer/dryers, new baths with tile showers, granite counters everywhere, new electrical/plumbing fixtures, and new central HVAC. Outside is attractive & durable metal siding to accent the brick exterior. Roughly half of the windows have been replaced. Building includes ample parking on either side of the property. Click 'more' for more info.Units 1 and 2, located downstairs, are spacious identical 944 sq ft 2-bedroom 1-bath units. Unit 1 is rented for $1300 through June 2021 and is considering renewing. Unit 2 is rented for $1320 + water bill-back through May 2022. Units 3 and 5 are identical 678 sq ft 2-bedroom 1-bath 2nd floor units, both rented for $1200 through September 2021. Unit 4 is a spacious 564 sq ft 1-bedroom 2nd floor unit rented for $950 through July 2021. Some are multi-year tenants and may choose to renew. There is a fenced dog park on the right side of the property, and plenty of parking. Building has low vacancy, as these units rent quickly and easily. Low maintenance with basic grass cutting 2x monthly in warm months. All units on 1 water meter, average bill $175/month but water is being back-billed to tenants as leases turn over. Roof relatively new in good condition. Annual hazard insurance: $2884. Property taxes at $900,000 assessed value: $14,076. Property is managed by Meridian Residential Group and they would like to continue with new owners, if desired. List agent is owner.

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    Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hergenrother Realty Group | Keller Williams Realty. Data last updated: 2021-07-24T15:31:49.687.
    charleston.herggroup.com/homes/117637948
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    708 Yew Street Charleston, SC 29407

    • Price: $850,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: 21014164
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,776
    SQFT
    $225
    $/SQFT
    1973
    Built
    Neighborhood:
    West Ashley - Inside Mark Clark
    County:
    Charleston
    Area:
    West Ashley - Inside Mark Clark
    Elementary School:
    St. Andrews
    Middle School:
    West Ashley
    High School:
    West Ashley
    Property Description
    Fully leased 5-unit multifamily property renovated in 2019. Land is high ground, no flood insurance. Prime 29407 West Ashley location exactly 1 mile from Whole Foods in Ardmore just off Highway 17, directly behind the Chick-fil-A. Ardmore has seen significant growth in the past few years, with many properties being renovated. All 5 units have desirable open floor plans with new interiors: LVT flooring, stainless appliances, stackable washer/dryers, new baths with tile showers, granite counters everywhere, new electrical/plumbing fixtures, and new central HVAC. Outside is attractive & durable metal siding to accent the brick exterior. Roughly half of the windows have been replaced. Building includes ample parking on either side of the property. Click 'more' for more info.Units 1 and 2, located downstairs, are spacious identical 944 sq ft 2-bedroom 1-bath units. Unit 1 is rented for $1300 through June 2021 and is considering renewing. Unit 2 is rented for $1320 + water bill-back through May 2022. Units 3 and 5 are identical 678 sq ft 2-bedroom 1-bath 2nd floor units, both rented for $1200 through September 2021. Unit 4 is a spacious 564 sq ft 1-bedroom 2nd floor unit rented for $950 through July 2021. Some are multi-year tenants and may choose to renew. There is a fenced dog park on the right side of the property, and plenty of parking. Building has low vacancy, as these units rent quickly and easily. Low maintenance with basic grass cutting 2x monthly in warm months. All units on 1 water meter, average bill $175/month but water is being back-billed to tenants as leases turn over. Roof relatively new in good condition. Annual hazard insurance: $2884. Property taxes at $900,000 assessed value: $14,076. Property is managed by Meridian Residential Group and they would like to continue with new owners, if desired. List agent is owner.
    Exterior Features

    Architectural Style More Than 4 Exterior Aluminum SidingBrick - Solid

    Interior Features

    Unit1 Baths 1.00 Unit1 Bedrooms 2 Unit1 Sq Ft 944 Unit2 Baths 1.00 Unit2 Bedrooms 2 Unit2 Sq Ft 944 Unit3 Baths 1.00 Unit3 Bedrooms 2 Unit3 Sq Ft 678 Unit4 Baths 1.00 Unit4 Bedrooms 1 Unit4 Sq Ft 564

    Property Features

    Amenities Dog Park

    Listing courtesy of Atlantic Real Estate Services, Llc.


    Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hergenrother Realty Group | Keller Williams Realty. Data last updated: 2021-07-24T15:31:49.687.
     
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    Hergenrother Realty Group | Keller Williams Realty
    1180 Sam Rittenberg Blvd. #105
    Charleston SC, 29407