Property profile

4083 St Johns Ave North Charleston, SC 29405

OFF-MARKET
Residential income homes
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Property summary

AI-generated overview

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 profile

Verified
Property type Residential income homes

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4083 St Johns Ave North Charleston, SC 29405
North Charleston metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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