323 Riverland Dr Charleston, SC 29412

Listing details for 323 Riverland Dr, Charleston, SC 29412 : This great cape cod home in Riverland Terrace has been uniquely turned into multiple apartments and this awesome investment property is now available for sale. With 6 Apts in total of which 5 are rented and the owner living in the main house downstairs(6th) which will be available to rent upon sale. Over 4200 sqft of cool apts that you will have no problem keeping rented. In good condition and in a great location! Beautiful floors and many of the architectural details exist in the main house apts, up and down and the garden apt, garage apt and duplex have their own individual style. All very cute! Currently only $32K annually but the rents are under mkt value & the main house apt brings over $2 Grand. When fully rented in 2008 revenues were $48K annually(still undervalue.) Solar panelsare in place to help cut down the costs of electric and the entire property is on a well system. Duplex has it own separate meters but main house is split 4 ways. Total monthly cost of electric is $367 and waste water is $137. Other than cable those are the only costs other than routine maintenance.