168-174 Pine Shadow Drive, Goose Creek, SC 29445

$787,500
12
BD
4,588
SqFt

Property Description

INVESTOR ALERT! (See MLS# 24002512 for Additional Quadruplex offering next door -- can be sold together). Excellent chance for an investor seeking a recently renovated quadruplex (4 Units) situated in close proximity to the Naval Base and rapidly developing Red Bank corridor in Goose Creek, SC! The offering comprises one building with a total of four (4) SEPARATELY DEEDED, well-maintained units, all currently tenant occupied. New ownership has the flexibility to sell units individually or mark rents to market upon expiration. The subject property features two-story townhome-style units, providing a unique living experience. Rental rates are currently below market, giving new ownership the opportunity to increase rents without much heavy lifting.Updated units in the area are commanding rents in the range of ~$1475 to $1800+ per month for 2/3 bedrooms. The properties have recently undergone significant upgrades, including new HVAC's (2022), new roofs (2023), updated bathrooms, and new LVP flooring in almost all units. The heavy lifting has been completed, presenting a turnkey investment opportunity. Again, all units are SEPARATELY DEEDED, offering the flexibility to sell units individually, either immediately or in the future. Further, tenants have separate utilities; they are responsible for their electricity and water, enhancing the property's profitability. Don't miss out on this distinctive opportunity in the rapidly developing Red Bank area of Goose Creek!

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Listing courtesy of Listing Agent: Greg Boger from Listing Office: Avenue Realty Company. 843-277-5845