This triplex in Cannonborough has the perfect investment property location--just a few blocks from MUSC, College of Charleston, and the Charleston School of Law. It's also close to many popular restaurants: Five Loaves, The Grocery, Fuel, Hominy Grill, and Lana. Unit A is a 2 bedroom apartment rented through July 31st, 2014 at $1,525 per month. Unit B is a 2 bedroom apartment rented through June 30, 2014 at $1,600 per month. Unit C is a separate one story 1 bedroom house rented through July 31, 2014 at $1,025 per month. Total yearly gross rental income is $50,100. Hazard Insurance premium is $4,431. Taxes were $5,367.96. )Note that if you were to owner occupy, taxes would be much, much less.) Flood Insurance premium is $705. Located in FEMA flood zone AE, so most lenders will require flood insurance.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
