1221 Sumner Ave #A,B,C,D,E, North Charleston, SC 29406
1221 Sumner Ave #A,B,C,D,E, North Charleston, SC 29406
1221 Sumner Ave #A,B,C,D,E, North Charleston, SC 29406
1221 Sumner Ave #A,B,C,D,E, North Charleston, SC 29406
1221 Sumner Ave #A,B,C,D,E, North Charleston, SC 29406
1221 Sumner Ave #A,B,C,D,E, North Charleston, SC 29406
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Listed by   Maven Realty
$ 880,000
Est. payment | /mo

4 Beds

2,000 SqFt


Save
$ 880,000
Est. payment | /mo
Save

4 Beds

2,000 SqFt

Key Details

Property Type Multi-Family

Sub Type More than 4

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $440

Subdivision Charleston Farms

MLS Listing ID 26002697

Bedrooms 4

HOA Y/N No

Year Built 1973

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type More than 4

Property Description

See portfolio listing MLS#26001453! Seller will consider pricing incentives for clean, non-seller-financed transactions with strong terms. Don't miss your chance to purchase this turnkey 5-unit multifamily investment. The offering includes five one-bedroom, one-bathroom units.The property features a stabilized rental profile with a blend of three long-term rental units and two short-term rental units, allowing investors to benefit from diversified income streams and operational optionality. All units are fully leased, and the short-term rental units have an established operating history, supporting immediate cash flow.The asset underwent a comprehensive renovation on 3 of the units between 2023-2024, (the other two were renovated recently before current owner purchased) including significant capital improvements to electrical, plumbing, HVAC systems, and hot water heaters, along with full cosmetic updates. Renovations include new LVP flooring, drywall, quartz countertops, tile showers, stainless steel appliances, updated cabinetry, modern fixtures, fresh interior and exterior paint, and landscaping, positioning the property as a low-maintenance, turnkey investment.

The building features concrete block construction, shingle roof, Romex wiring, and PVC/PEX plumbing. The property is located in Flood Zone X (minimal flood risk) and sits on a large lot.

Ideally located just minutes from Park Circle, this Sumner 5-plex benefits from proximity to walkable dining, breweries, and neighborhood retail, along with convenient access to Rivers Avenue (US-52), I-526, and I-26, providing efficient connectivity to Downtown Charleston, Daniel Island, and the greater Charleston MSA. Major nearby employment centers include Boeing, Joint Base Charleston, Mercedes-Benz Vans, Charleston International Airport, and the rapidly expanding Naval Yard redevelopment corridor.

This property represents a rare small-multifamily opportunity combining stabilized occupancy, renovated core systems, and diversified rental income in a supply-constrained market. With no heavy repositioning required, the property is well suited for investors seeking immediate income, operational ease, and durable long-term value. Some seller financing may be considered from seller equity, there is a mortgage on the property.

Location

State SC

County Charleston

Area 32 - N.Charleston, Summerville, Ladson, Outside I-526

Interior

Interior Features Ceiling Fan(s)

Heating Electric, Heat Pump

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Utilities Available Charleston Water Service, Dominion Energy

Roof Type Asphalt

Building

Dwelling Type More than 4

Story 1

Foundation Crawl Space, Slab

Sewer Public Sewer

Water Public

Structure Type Block/Masonry,Stucco

New Construction No

Schools

Elementary Schools North Charleston

Middle Schools Morningside

High Schools North Charleston

Others

Acceptable Financing Any

Listing Terms Any

Financing Any

Nearby Locations

Jillian Jenay Mays

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(843) 873-8000

lavishrealty4u@gmail.com

201 Sigma Dr Suite 120, Summerville, SC, 29483, USA

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1221 Sumner Ave #A,B,C,D,E