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    4083 St Johns Ave North Charleston, SC 29405

    For Sale
    $799,000

    Three-unit rental, prime North Charleston location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a portfolio of three single-family rental properties situated in the desirable Park Circle neighborhood of North Charleston, South Carolina. The portfolio comprises three separate buildings on three contiguous lots, totaling 2,751 square feet of living space. The properties include a 1,383 square foot house, a 360 square foot cottage, and a 1,008 square foot two-level building. The asking price for the entire portfolio is $799,000, representing a price per unit of approximately $266,333. The properties are located at 4083 St Johns Ave, North Charleston, SC 29405, and are zoned R-2. This zoning allows for significant redevelopment potential, with the possibility of constructing up to 18 townhomes, subject to all applicable zoning regulations, including setbacks, buffers, parking, open space, and lot occupancy requirements. Potential buyers are responsible for verifying all pertinent information regarding zoning and development possibilities with the relevant authorities. The Tax Map Numbers for the properties are 470-16-00-015, 470-16-00-014, and 470-16-00-013. This portfolio offers a compelling blend of immediate rental income and substantial long-term development potential in a highly sought-after location.

    Property Features for 4083 St Johns Ave

    General Information

    Property type
    Multifamily properties
    Class
    B

    Building Details

    Buildings
    3
    Units
    3

    HighLights

    • Exceptional investment opportunity: Three single‑family homes in desirable Park Circle, North Charleston, SC.
    • Portfolio includes three contiguous lots totaling 2,751 sq ft of living space.
    • R‑2 zoning allows for significant redevelopment potential, up to 18 townhomes (buyer to verify).
    • Asking price: $799,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Map

    City
    North Charleston
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.9766851
    Latitude
    32.8682279

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    FAQs

    What type of property is this?
    Multifamily property - Three-unit rental, prime North Charleston location.
    Where is this multifamily property located?
    The property is located at 4083 St Johns Ave North Charleston, SC.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity: Three single-family homes in desirable Park Circle, North Charleston, SC.; Portfolio includes three contiguous lots totaling 2,751 sq ft of living space.; R-2 zoning allows for significant redevelopment potential, up to 18 townhomes (buyer to verify).
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    North Charleston, SC 29405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4083 St Johns Ave North Charleston, SC 29405
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