6951 Kenwood Drive, North Charleston, SC 29406
$1,850,000
Property Type:
MultiFamily
Square Footage:
18,104
Lot Size (sq. ft.):
74,052
Status:
Closed
Current Price:
$2,300,000
List Date:
1/08/2021
Last Modified:
6/24/2021
Overview
Description
100% occupied with positive cash flow! 2BD apartments were built in 2008 and the 1BD apartments were built in 1972. Owner bought brand new AC's in 2017 and LVP flooring has been replaced as units turn. Main water line from street was replaced in 2019 to reduce water bill. Additional building on lot is currently being used for storage but could be another unit, laundry facility, etc.
Listing Details MLS# 21000464
Location, Tax & Legal
- Tax Map #
- 4781400142
- Street #
- 6951
- Street Name
- Kenwood
- Street Suffix
- Drive
- County
- Charleston
- State
- SC
- Zip Code
- 29406
- Area
- 32 - N.Charleston, Summerville, Ladson, Outside I-526
- Tax District
- 43 - City of North Charleston
- Subdivision
- None
- Elementary School
- Midland Park
- Middle School
- Northwoods
- High School
- Stall
- Directions
- From Ashley Phosphate, turn onto Stall Rd. Turn left onto N. Kenwood, Right onto Mawood Ave, then Right onto S Kenwood and it's on the right. From Rivers, Turn onto Midland Park Rd, Right onto S Kenwood ad and its on the left.
- Legal Description
- District 4/Ward 3
Contract Info
- MLS List Date
- 2021-01-07
- Primary Structure List Price/SqFt
- 127.04
General Property Info
- Number of Units
- 24
- Ground Level
- Yes
- Primary Structure Apx SqFt
- 18104
- Year Built
- 1972
- Acreage
- 1.7
- Lease Purchase
- No
- Potential Short Sale
- No
Income Expenses Fees
- Annual Expenses
- 63237
- Net Income
- 188452
Status Change Info
- Sold Date
- 2021-06-23
- Sold Price/SqFt
- 102.19
- New Mortgage Type
- Conventional
Income, Expenses & Fees
- Gross Income
- 251690
- Auction
- No
More Information
SqFt Source
- Previous Listing
- Yes
Roof
- Architectural
- Yes
Exterior
- Brick - Veneer
- Yes
- Vinyl Siding
- Yes
Foundation
- Slab
- Yes
Zoning
- Conforming
- Yes
Garage/Parking
- Other (Use Remarks)
- Yes
Driveway
- Blacktop
- Yes
Architectural Style
- Other
- Yes
New Owned/Pre-owned
- Pre-Owned
- Yes
Cooling
- Central Air
- Yes
Heat
- Electric
- Yes
Amenities
- Bus Line
- Yes
- Cable TV
- Yes
- Storage
- Yes
- Trash
- Yes
Sale Includes
- Building and Land
- Yes
Proposed Financing
- Cash
- Yes
- Conventional Loan
- Yes
Tenant Pays
- Electric
- Yes
- Other (Use Remarks)
- Yes
Possession
- At Closing
- Yes
Water/Sewer
- Public Sewer
- Yes
- Public Water
- Yes
Utility Suppliers
- Carolina Water Service
- Yes
- Dominion Energy
- Yes
Property Features
SqFt Source:
Previous Listing
Roof:
Architectural
Exterior:
Brick - Veneer; Vinyl Siding
Foundation:
Slab
Driveway:
Blacktop
Architectural Style:
Other
Zoning:
Conforming
Cooling:
Central Air
Heat:
Electric
Amenities:
Bus Line; Cable TV; Storage; Trash
Sale Includes:
Building and Land
Tenant Pays:
Electric; Other (Use Remarks)
Proposed Financing:
Cash; Conventional Loan
Possession:
At Closing
Utility Suppliers:
Carolina Water Service; Dominion Energy
Listing Office:
True Carolina Realty
Last Updated: June - 24 - 2021
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