5116 Twitty, North Charleston, SC 29406
MULTI_FAMILY - North Charleston, SC
- Added:
- May 6, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 23 at 6:06 pm
Property Features for 5116 Twitty
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Rooms
- Bedroom 8, Bedroom 3, Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 7
- Standard status
- Active
- Size
- 2,590 SF
- Lot size
- 0.32 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Number of units
- 3
- Building materials
- Block/Masonry, Wood Siding
Listing agent Brian Beatty License #62721 (843) 416-2000
Listing office Keller Williams Realty Charleston Mount Pleasant, SC (843) 416-2000
Listing date May 6, 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
- Triplex with 3 separate units (Unit 1 1/1, Unit 2 3/1, Unit 3 4/2) in North Charleston
- Unit leases in place: Unit 3 leased 12 months at $1,985; Unit 2 leased 12 months at $1,750; Unit 1 leased at $950 on M2M
- Each unit has separate water and power meters; tenants pay all utilities
- Central heating and cooling: gas furnace heat and window AC units for each unit
- Upgrades include redone floors in Unit C (2023), heating system replaced in C (2024), water boiler replaced in C (2026), and driveway redone (2025)
- Additional updates: shower plumbing redone in C (2023), floor/bathtub redone in C, drainpipe repaired in A (2026), fencing replaced, and ranges replaced in Units A and B
Overview
The property is centrally located in North Charleston, SC, and sits on a 0.32-acre lot. Seller-completed improvements include a redone floor in Unit C (2023), a replaced heating system in Unit C (2024), and a replaced water boiler in Unit C (2026). Additional work includes a redone driveway (2025), shower plumbing redone in Unit C (2023), and floor and bathtub updates in Unit C, along with drainpipe repairs in Unit A (2026). Fencing in the backyard was replaced, and ranges were replaced in Units A and B.
For buyers or operators seeking a small multifamily asset, the separate utility setup and in-place leasing provide straightforward residential income management. Recent upgrades and unit-level maintenance items can help reduce near-term concerns related to heating, water heating, and select interior and exterior systems.
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 | $52.2k | $20.16 |
| − Vacancy | −$3.4k | −$1.30 |
| EGI | $48.8k | $18.86 |
| − OpEx | −$14.7k | −$5.66 |
| NOI | $34.2k | $13.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Charleston
- County
- Dorchester
- State
- South Carolina
- Longitude
- -80.014168
- Latitude
- 32.884723