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$1,199,900

Status: For Sale

Property type:
Year built: 1981
List Date: 2025-06-02
Lot Size: 0.2500 acres
Area
4254 ft2
Bedrooms
8
Days For Sale
7

Location

Amenities

  • Bus Line
  • Ceiling Fan(s)
  • Central
  • Central Air
  • Charleston Water Service
  • Dominion Energy
  • Heat Pump

Description

Rare Investment Opportunity on James Island! *Quadplex is Fully leased, except for one unit, so an investor could live in one unit and continue renting out the others!*1 South Anderson Avenue is a solid brick quadplex offering four well-maintained 2-bedroom, 1.5-bathroom units in the heart of James Island. Each spacious unit features durable vinyl flooring throughout - no carpet in sight - and each unit has had some kitchen updates *more photos coming soon*.The property brings in $5,400/month in gross rental income with only 3 units rented out at current market rates. Rent out all 4 units to achieve more than $7,000/month in rental income. With strong in-place cash flow and rental upside over time, this is an ideal addition to any investor's portfolio. Tenants enjoy a practical layout with comfortable living areas, eat-in kitchens, private patios, laundry room in each unit, and 2 upstairs bedrooms & full shared bathroom upstairs. Walking through each unit you'll find they have been very well maintained. (Owner is unsure of the age of the roof.) The property also offers ample off-street parking in the dedicated parking lot behind the building, low-maintenance landscaping, and a durable brick exterior. Conveniently located just 6 miles to Folly Beach, 4 miles to Downtown Charleston, and only 3 miles from local favorite Pour House, the Terrace Theater, and restaurants at the Terrace Plaza. It's easy to see how this quadplex combines steady income with long-term appreciation potential in one of Charleston's most desirable submarkets. This is your chance to own a turn-key multifamily property in an unbeatable James Island location - make your offer today!

What's YOUR Home Worth?

Schools

6-8 SPED Schools in 29412

Name
Address
Phone
Type
Grade
1825 Camp Road
8437622784
Public
6-8 SPED

9-12 SPED Schools in 29412

Name
Address
Phone
Type
Grade
1000 Fort Johnson Road
8437622754
Public
9-12 SPED

PK-5 SPED Schools in 29412

Name
Address
Phone
Type
Grade
1576 Harborview Drive
8437622749
Public
PK-5 SPED
1872 Grimball Road
8437628240
Public
PK-5 SPED
883-A Mikell Drive
8437622767
Public
PK-5 SPED

PK-8 SPED Schools in 29412

Name
Address
Phone
Type
Grade
691 Riverland Drive
8437622765
Public
PK-8 SPED

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James Schiller

Realtor, Brand Name Real Estate

Happy Clients

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    The information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS boards of the SC Realtors.

    Listing Provided by EXP Realty LLC

    1 Anderson Avenue, Charleston, SC 29412
    MLS #29412
    $1,199,900
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