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$775,000

Status: Under Contract

Price Drop (-3.13%)
Under Contract
Property type:
Year built: 1975
List Date: 2025-03-20
Lot Size: 0.4300 acres
Area
1770 ft2
Bedrooms
4
Days For Sale
54

Amenities

  • Architectural
  • Bus Line
  • Charleston Water Service
  • Dominion Energy
  • Heat Pump
  • Other
  • See Remarks

Description

Investor Opportunity: High Cash Flow + Future Expansion Potential. BRING AN OFFER! -This is your chance to secure a lucrative, income-generating property in North Charleston, SC! Located at 1497 Remount Road, this property already offers 4 fully-renovated, short-term rental units, producing $8,000/month in consistent cash flow. But that's just the beginning - with Hotel/Motel Licensing in place and approval to build 29 additional units, this property has significant upside potential for future growth. -Key Features: 4 existing cash-flowing units currently averaging $8,000/month in Short Term Rental income. Hotel/Motel License allowing all 4 units to operate as legal short-term rentals. 29-unit expansion approval - grow the property and maximize your investment.Fully furnished units - all furnishings convey with an acceptable offer. Renovated, tastefully decorated spaces, providing a perfect blend of comfort and convenience for guests. Common area available for co-working space - increasing appeal for both leisure and business travelers. Located in North Charleston, just minutes from local attractions, businesses, and major highways, this property offers a turnkey solution for savvy investors. Whether you continue to grow your short-term rental portfolio or expand the property with additional units, the potential for ROI is substantial. Don't miss out on this highly-profitable opportunity with the ability to scale. Act fast before it's gone!

What's YOUR Home Worth?

Price Change History

  1. $800,000 $452/SqFt

  2. $775,000 $438/SqFt

Schools

6-8 SPED Schools in 29406

Name
Address
Phone
Type
Grade
2263 Otranto Rd
8439905200
Public
6-8 SPED

9-12 SPED Schools in 29406

Name
Address
Phone
Type
Grade
6209 Rivers Avenue
8436666362
Public
9-12 SPED
5935 Rivers Avenue, suite 101A
8438046778
Public
9-12 SPED
7000 Rivers Avenue, Building 100
8433299662
Public
9-12 SPED

K-8 SPED Schools in 29406

Name
Address
Phone
Type
Grade
8717 Old University Boulevard
8435017911
Public
K-8 SPED

PK-5 SPED Schools in 29406

Name
Address
Phone
Type
Grade
8585 Vistavia Road
8437642218
Public
PK-5 SPED
1825 Remount Road
8437457109
Public
PK-5 SPED

PK-K SPED Schools in 29406

Name
Address
Phone
Type
Grade
2415 Midland Park Road
8435742183
Public
PK-K 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 Maven Realty

    1497 Remount Road, North Charleston, SC 29406
    MLS #29406
    $775,000
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