105 Canvasback Drive, Summerville, SC 29483
MULTI_FAMILY - Summerville, SC
- Added:
- May 8, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 24 at 6:06 am
Property Features for 105 Canvasback Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 4
- Interior features
- Ceiling Fan(s)
- Standard status
- Active
- Size
- 1,989 SF
- Lot size
- 0.18 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1983
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Brick Veneer, Wood Siding
Listing agent Clara Farish (843) 416-2000
Listing office Keller Williams Realty Charleston Mount Pleasant, SC (843) 416-2000
Listing date May 8, 2026
Copyright © 2026 CHS Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully updated duplex built in 1983, offering two units with 2 bedrooms and 2 full bathrooms each
- Each unit has dedicated laundry and storage closets, plus covered front porches and fully fenced private backyards
- Separate utility hookups and meters for both units, supporting independent operation
- Recent updates include updated kitchens and bathrooms, luxury vinyl plank flooring, and fresh interior paint
- Unit A is tenant‑occupied for immediate rental income; Unit B is vacant and move‑in ready
- No HOA; public water and public sewer
Overview
The property is situated on a spacious corner lot with no HOA. It is located within the Dorchester II School District, and offers convenient access to I-26, with Downtown Summerville and Azalea Park just minutes away.
Unit A is currently tenant-occupied, creating immediate rental income from day one. Unit B is vacant and move-in ready, offering flexibility for a new tenant or for an owner-occupant to live in one unit while the other helps offset expenses. With separate utility hookups and meters for each unit, the home is structured to keep day-to-day operating simple for an owner or operator.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.6k | $17.40 |
| − Vacancy | −$2.4k | −$1.21 |
| EGI | $32.2k | $16.19 |
| − OpEx | −$9.7k | −$4.86 |
| NOI | $22.5k | $11.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Summerville
- County
- Dorchester
- State
- South Carolina
- Longitude
- -80.203802
- Latitude
- 33.017985
