Description
This is proposed construction of multifamily property; pricing is for the land and seller documents that are available relating to the construction of the proposed 4 unit (2 Duplex) property. Approved 4 unit (2 Duplex) property, in one of the most convenient and accessible locations in all of Summerville. This pad ready site (dirt removal and new fill dirt has already taken place) comes with design and engineering documents provided by Seller; the project has been submitted and previously approved by Dorchester County. Site layout has been smartly designed to promote efficient parking between the two buildings. Expert attention was given to the interior layout of each unit, which consists of approximately 1500 sf of maximized living space per unit, with 3 spacious bedrooms and 2.5 baths. This property offers real estate investors multiple avenues of investment strategy, as each building can be bifurcated into a horizontal property regime as a for sale condo product, or the property could function as a single cash flowing investment under one TMS number. The sites proximity to Nexton, Downtown Summerville and the interstate is at an absolute premium. Additionally, the property sits in the highly desirable Dorchester District 2 school system, which is an attractive attribute for all buyers and/or renters.
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12BEDS
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0.41ACRES
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0BATHS
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01/2 BATHS
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6,000SQFT
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$32$/SQFT
School Information
Description
This is proposed construction of multifamily property; pricing is for the land and seller documents that are available relating to the construction of the proposed 4 unit (2 Duplex) property. Approved 4 unit (2 Duplex) property, in one of the most convenient and accessible locations in all of Summerville. This pad ready site (dirt removal and new fill dirt has already taken place) comes with design and engineering documents provided by Seller; the project has been submitted and previously approved by Dorchester County. Site layout has been smartly designed to promote efficient parking between the two buildings. Expert attention was given to the interior layout of each unit, which consists of approximately 1500 sf of maximized living space per unit, with 3 spacious bedrooms and 2.5 baths. This property offers real estate investors multiple avenues of investment strategy, as each building can be bifurcated into a horizontal property regime as a for sale condo product, or the property could function as a single cash flowing investment under one TMS number. The sites proximity to Nexton, Downtown Summerville and the interstate is at an absolute premium. Additionally, the property sits in the highly desirable Dorchester District 2 school system, which is an attractive attribute for all buyers and/or renters.
Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Three Real Estate | Realty One Group Coastal. Data last updated: 2024-10-11T13:31:29.14.