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Property type:
Year built: 1984
List Date: 2025-06-05
Lot Size: 0.3200 acres
Area
4010 ft2
Bedrooms
8
Days For Sale
1

Location

Amenities

  • Asphalt
  • Ceiling Fan(s)
  • Central
  • Central Air
  • Washer Hookup

Description

Welcome to 107 Magwood Drive, a potentially well-positioned investment opportunity in one of Summerville's most convenient locations. This well-maintained quadplex features four thoughtfully designed 2-bedroom, 1.5-bathroom units, making it an ideal fit whether you're searching for your next home, a potential income-producing property, or a strategic addition to your portfolio. If you're exploring a house-hack strategy, this property allows you to move into one unit while renting the three remaining fully leased units. Current leases include: Unit A: $1,400/month Unit B: $1,500/month Unit C: $1,500/month Unit D: $1,250/month. Altogether, the quadplex brings in $5,650 per month in gross rental income, offering the potential for immediate cash flow.Located just 3.7 miles from Historic Downtown Summerville, 5.5 miles from I-26, and 6.5 miles from Nexton Square, the property offers unmatched access to local amenities, shops, restaurants, and major employers. Residents will enjoy living in the Dorchester-2 School District. Whether you're seeking a turnkey 1031 exchange opportunity or a comfortable place to live while renting the additional units, 107 Magwood Drive presents a compelling option in a high-growth Charleston submarket. The buyer agrees to cooperate with all documentation necessary to complete a 1031 exchange, if applicable. Proof of funds or a letter of credit (LOC) from a bank or mortgage lender is required prior to any showings or walkthroughs. *Rental availability and options are not guaranteed. Buyers interested in residential and other rental options must verify with any and all governing bodies.

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Schools

3rd - 12th Schools in 29485

Name
Address
Phone
Type
Grade
225 Midland Parkway
843-851-5015
Private
3rd - 12th

6-8 SPED Schools in 29485

Name
Address
Phone
Type
Grade
1011 Beech Hill Road
8436952451
Public
6-8 SPED

9-12 SPED Schools in 29485

Name
Address
Phone
Type
Grade
9800 Delemar Highway
8436954900
Public
9-12 SPED

K-12 SPED Schools in 29485

Name
Address
Phone
Type
Grade
1520 Old Trolley Road
8436959305
Public
K-12 SPED

PK-5 SPED Schools in 29485

Name
Address
Phone
Type
Grade
1001 Beech Hill Road
8438213970
Public
PK-5 SPED
301 Chandler Creek Rd
8436955205
Public
PK-5 SPED
20 King Charles Circle
8438717400
Public
PK-5 SPED
5201 Old Glory Lane
8438325550
Public
PK-5 SPED
10 King Charles Circle
8438713230
Public
PK-5 SPED
324 Gnarly Oak Ln
8436955201
Public
PK-5 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 Matt O'Neill Real Estate

    107 Magwood Drive, Summerville, SC 29485
    MLS #29485
    $750,000
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