6951 Kenwood Drive, North Charleston, SC 29406 (MLS# 21000464)

$1,850,000

6951 Kenwood Drive
North Charleston, SC 29406
MLS# 21000464
Status: Closed
18104 sqft

1 / 17

Property 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.

Details

Contract Info

MLS List Date: 2021-01-07

Status: Closed

List Price: $2,300,000

Current Price: $1,850,000

Primary Structure List Price/SqFt: 127.04

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.

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

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

6951 Kenwood Drive, North Charleston, SC 29406 - MLS# 21000464

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