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    Leased Triplex With Separate Utilities Title is generated by Realmo AI

    5116 Twitty, North Charleston, SC 29406

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    Claim this Listing
    For Sale
    $580,000

    MULTI_FAMILY - North Charleston, SC

    Property size:
    2,590 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $223/SF
    Added:
    May 6, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 23 at 1:06 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

    We can help!

    Listing Contact
    Brian Beatty
    Brian Beatty

    Listing agent Brian Beatty License #62721

    Listing office Keller Williams Realty Charleston Mount Pleasant, SC

    Listing date May 6, 2026

    MLS# 26013006 Listing URL

    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

    This triplex offers three separately metered residential units, each equipped with a gas furnace for heat and window unit for air conditioning. All three units have their own water and power meters, with tenants responsible for utilities. Current occupancy includes Unit 1 leased month-to-month, and Units 2 and 3 each leased for 12-month terms.

    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
    2,590 SF · lease $20.16/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $488.4K
    $427.4K – $569.8K (±1% cap)
    NOI $34,189 @ 7.0% cap · market cap 5.89%
    Second Best
    Apartment 5plus
    $455.2K
    $398.3K – $531.1K (±1% cap)
    NOI $31,863 @ 7.0% cap · market cap 5.49%
    Theoretical Best
    Office A
    $703.3K
    $615.4K – $820.5K (±1% cap)
    NOI $49,231 @ 7.0% cap · market cap 8.49%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Charleston
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.014168
    Latitude
    32.884723

    FAQs

    What type of property is this?
    Triplex - Three income units with individual water and power meters, gas heat, and window AC, with ongoing upgrades.
    Where is this triplex located?
    The property is located at 5116 Twitty North Charleston, SC.
    What is the asking price?
    The asking price for this property is $580,000.
    What are key features of this property?
    This property features: 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
    More about this property
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