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For Sale

1 S Anderson Avenue

1 S Anderson Avenue, Charleston, SC 29412

$1,199,900

Rare Investment Opportunity on James Island!1 South Anderson Avenue is a solid brick quadplex offering four well-maintained 2-bedroom, 1.5-bathroom units in the heart of James Island. Each spacious unit features durable vinyl flooring throughout - no carpet in sight - and each unit has had some kitchen updates.The property brings in $7,300/month in gross rental income with all 4 units rented out at current market rates. With strong in-place cash flow and rental upside over time, this is an ideal addition to any investor's portfolio.

Tenants enjoy a practical layout with comfortable living areas, eat-in kitchens, private patios, laundry room in each unit, and 2 upstairs bedrooms & full shared bathroom upstairs. Walking through each unit you'll find they have been very well maintained. The property also offers ample off-street parking in the dedicated parking lot behind the building, low-maintenance landscaping, and a durable brick exterior.

*Quadplex is Fully leased, though one of the leases is up in a few months, so an investor could live in one unit and continue renting out the others!*

Conveniently located just 6 miles to Folly Beach, 4 miles to Downtown Charleston, and only 3 miles from local favorite Pour House, the Terrace Theater, and restaurants at the Terrace Plaza. It's easy to see how this quadplex combines steady income with long-term appreciation potential in one of Charleston's most desirable submarkets.
This is your chance to own a turn-key multifamily property in an unbeatable James Island location - make your offer today!

8
beds

4,254 Sq.Ft. LIVING AREA

10,890 Sq.Ft. lot

Jason Wang

title REALTOR®
PHONE (843) 926-2055
EMAIL [email protected]
DRE # 107770

Features & Amenities

Interior

total bedrooms8
other interior Features Ceiling Fan(s)

Area & Lot

Status For Sale
Living Area4,254 Sq.Ft.
Lot Area10,890 Sq.Ft.
MLS® ID25015172
TypeMulti-Family
YEAR BUILT1981
NeighborhoodCharleston
Elementary SchoolJames Island
Middle SchoolLowcountry Leadership Charter
High SchoolJames Island Charter

Exterior

STORIES2
water SourcePublic
utilitiesCharleston Water Service, Dominion Energy
parkingOther
HEAT TYPECentral, Heat Pump
AIR CONDITIONINGCentral Air
sewerPublic Sewer
SubstructureSlab

Financial

Sales Price$1,199,900

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