Listing Details

Incredible investment opportunity to own two renovated homes near the beach on Isle of Palms, both with in-ground pools! These properties come with long-term leases generating $25k/month until March 14, 2024. The current tenant has two 1-year options to renew with annual increases upon renewal. On March 15, 2024, if option is exercised, the leases renew to $25,750/month and on March 15, 2025 the leases bring in $26,522/month upon renewal. No management fees and the tenant covers all utilities, pool maintenance, landscape maintenance, cleaning, and common wear & tear expenses.

 

Price History

$3,945,000 -> $3,800,000 on 07/27/2323
Carriage Properties

Listed by: Keller Williams Realty Charleston West Ashley
(843) 737-6780

Info

  • Address2802 Cameron
  • City, ZIPIsle of Palms, SC 29451
  • AreaIsle of Palms
  • MLS #23016605
  • StatusActive
  • Price$3,800,000
  • KindMulti-Family
  • Sq Ft3,186 Square Feet
  • Acres0.54 Acres
  • Beds:8
  • Year Built:1962
  • SubdivisionIsle of Palms
  • Interior
    Features:
    Ceiling Fan(s)
  • Heating:Electric, Heat Pump
  • Cooling:Central Air
  • Parking:1 Car, Other (Use Remarks)
  • Community
    Features:
    Pool

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