1556 Sumner Ave North Charleston, SC 29406

Listing details for 1556 Sumner Ave, North Charleston, SC 29406 : This is a 30 unit income producing property. It consists of one single family residence ($900/month) with a section 8 tenant. Home on a crawlspace with 1163 sqft. There are 2 duplexes totaling 4 units with 2 two bedrooms and 2 one bedroom units. Both on a slab with a 770 sq foot single story and the other is a larger 2 story. Add to that 25 park owned mobile homes to make 30 units total on three parcels. Park has been well cared for with low vacancy. No abandoned trailers or vacant lots. Owner pays water which he calculates in the rental price. There is a small storage shed as well. Seller is adding individual water meters. Tenants pay all other utilities. Potential rents of over $16k per month fully occupied.There is currently some private funding on the property and the mortgage holder may consider assigning it to a new buy