1416 Chancellor St Edisto Island, SC 29438

Listing details for 1416 Chancellor St, Edisto Island, SC 29438 : Back on market at no fault of the home nor the sellers! The buyers home sale did not go through so the buyer had to back out of contract just days before closing. Already past the Home Inspection, the CL-100, and the appraisal, so this home is ready-to-go! Well on its way to having a record year with rental income if it keeps going like it is!Excellent rental history for this meticulously renovated 1 story, 3 bedroom, 2 bath beach house. Rental revenue $70,000 for Feb to Nov of 2023! Could have been more, but the owners enjoyed many weeks for themselves and blocked off 3 weeks in December for showings. Multiple rentals on the books for 2024 already. New kitchen and bathrooms, HVAC, tankless hot water heater, leveled floor system, just to name a few items. Top ofthe line linens and bedding give this rental home excellent reviews. Enjoy 2 driveways, 2 screened in porches, a large patio, outdoor shower, tankless water heater, and a 14 x 20 shed in the back yard that would make for a fun game room! Quick walk to the beach past only 7 houses. On crawl space, so no steps to climb with groceries or luggage. Flood Insurance $2,299 per year and Homeowners Insurance $7,076 per year.