432 Limbaker St Charleston, SC 29412

Listing details for 432 Limbaker St, Charleston, SC 29412 : Great opportunity to have a solid, income producing property so conveniently located to colleges, downtown, shopping and dining. This Triplex (2/1 on each side) has a gross annual income of almost 35K and the expenses are minimal as the exterior is block construction. The setup is a duplex in the front of the property and a cottage at the back of the property (on the Municipal golf course!). Each unit is separately metered and each has a fenced back or side yard. Owner financing is an option for the buyer with competitive terms and rates possible. Recent elevation certificate (1/15/2014) shows that the properties are in an AE requiring a minimal flood insurance expense. You may even be able to eliminate the insurance all together by submitting a LOMA (Letter of Map Adjustment) to FEMAbecause the Lowest Adjacent Grade (LAG) is above the base flood elevation.