$1,850,000
6951 Kenwood Drive
North Charleston, SC 29406
MLS# 21000464
Status: Closed
18104 sqft
IMG_0841
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IMG_0841 IMG_0846 IMG_0831 IMG_0836 IMG_0851 1 bed floor plan 2 bed floorplan of the 2BD apartments one of the 2BD... 2BD... 2BD... 2BD... 2BD... one of the 1BD apartments 1BD... 1BD... 1BD...

Property Description
100% occupied with positive cash flow! 2BD apartments were built in 2008 and the 1BD apartments were built in 1972. Owner bought brand new AC's in 2017 and LVP flooring has been replaced as units turn. Main water line from street was replaced in 2019 to reduce water bill. Additional building on lot is currently being used for storage but could be another unit, laundry facility, etc.

Details
Maps
Contract Info
Primary Structure List Price/SqFt: 127.04
MLS List Date: 2021-01-07
Status: Closed
List Price: $2,300,000
Current Price: $1,850,000
Location, Tax & Legal
Legal Description: District 4/Ward 3
Tax Map #: 4781400142
Street #: 6951
Street Name: Kenwood
Street Suffix: Drive
County: Charleston
State: SC
Zip Code: 29406
Area: 32 - N.Charleston, Summerville, Ladson, Outside I-526
Tax District: 43 - City of North Charleston
Subdivision: None
Elementary School: Midland Park
Middle School: Northwoods
High School: Stall
Directions: From Ashley Phosphate, turn onto Stall Rd. Turn left onto N. Kenwood, Right onto Mawood Ave, then Right onto S Kenwood and it's on the right. From Rivers, Turn onto Midland Park Rd, Right onto S Kenwood ad and its on the left.
General Property Info
Ground Level: Yes
Lease Purchase: No
Potential Short Sale: No
Number of Units: 24
Primary Structure Apx SqFt: 18104
Year Built: 1972
Acreage: 1.7
Income, Expenses & Fees
Gross Income: 251690
Auction: No
Status Change Info
Sold Price/SqFt: 102.19
New Mortgage Type: Conventional
Sold Date: 2021-06-23
SqFt Source
Previous Listing: 1
Roof
Architectural: 1
Exterior
Brick - Veneer: 1
Vinyl Siding: 1
Foundation
Slab: 1
Zoning
Conforming: 1
Garage/Parking
Other (Use Remarks): 1
Driveway
Blacktop: 1
Architectural Style
Other: 1
New Owned/Pre-owned
Pre-Owned: 1
Cooling
Central Air: 1
Heat
Electric: 1
Amenities
Bus Line: 1
Cable TV: 1
Storage: 1
Trash: 1
Sale Includes
Building and Land: 1
Proposed Financing
Cash: 1
Conventional Loan: 1
Tenant Pays
Electric: 1
Other (Use Remarks): 1
Possession
At Closing: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Utility Suppliers
Carolina Water Service: 1
Dominion Energy: 1
Income Expenses Fees
Annual Expenses: 63237
Net Income: 188452
Property Features
SqFt Source: Previous Listing
Roof: Architectural
Exterior: Brick - Veneer; Vinyl Siding
Foundation: Slab
Driveway: Blacktop
Architectural Style: Other
Zoning: Conforming
Cooling: Central Air
Heat: Electric
Amenities: Bus Line; Cable TV; Storage; Trash
Sale Includes: Building and Land
Tenant Pays: Electric; Other (Use Remarks)
Proposed Financing: Cash; Conventional Loan
Possession: At Closing
Utility Suppliers: Carolina Water Service; Dominion Energy
IDX
Listing Office: True Carolina Realty

Last Updated: June - 24 - 2021

Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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