Bought with William Means Real Estate, LLC
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Key Details
Sold Price $5,000,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,320 sqft
Price per Sqft $1,157
MLS Listing ID 21006374
Sold Date 04/07/21
Bedrooms 8
Year Built 1991
Lot Size 0.490 Acres
Acres 0.49
Property Sub-Type Triplex
Property Description
OCEANFRONT, this half acre property is currently used as three units, providing consistent income with one coveted short-term rental license and two monthly licenses. The largest unit can be used as the owner's residence or rented long term. The two smaller units have both short term and monthly rental income. This is a rare opportunity to own investment property on Sullivan's Island while living on the beach. Need one large home? The grand beach house can again be used as a large family gathering place with privacy for multiple families. Prefer to build? This is one of the largest lots available oceanside for new construction. The town a short beach stroll or golf car ride away, 2907 Marshall is a great personal residence or investment opportunity.Unit A is the large center unit with four bedrooms and four baths, used previously by the owners as a personal residence then rented monthly/long term. This unit contains a chef's kitchen with stainless appliances, recycled glass countertops, significant cabinet storage, large counter eating space, wine cooler and a double pantry. The living room wall of glass doors and windows overlooks the large deck with steps to the beach. The vaulted ceiling living room with fireplace is open to the kitchen, dining area and the upper floor. A guest bedroom/office is just off the living room. This level also contains a full bath with soaking tub. Upstairs are three large bedrooms, each with its own bath. The largest center bedroom has a large walk-in closet with built in storage and a full laundry room. The main bath has coastal tile and modern fixtures. The two additional bedrooms are carpeted for sound, each large enough to hold a king bed, dresser and desk. Each has a window seat with storage, subway tiled bathroom, a pebbled floor shower and modern fixtures. This unit has commercial Mitsubishi HVAC units recently installed with twelve-year warranties.
The home has two additional smaller units, each with two bedrooms and one bath, Unit B on the north side with a vacation rental license (three night minimum) and Unit C on the south with a monthly rental license (twenty-nine night minimum). Each unit has ceiling fans in all rooms, new Mitsubishi mini-split HVAC systems, stainless appliances, a full-sized stacked washer and dryer, shower in tub and pedestal sink bathrooms. Both units have a queen bedroom and bedroom with two twin beds.
Location
State SC
County Charleston
Area 43 - Sullivan'S Island
Interior
Interior Features Ceiling Fan(s)
Heating Electric
Cooling Central Air
Exterior
Parking Features Garage Door Opener, 2 Car, Garage
Garage Spaces 2.0
Community Features Elevators
Utilities Available Dominion Energy, SI W/S Comm
Roof Type Asphalt
Total Parking Spaces 2
Building
Story 2
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public, Well
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Sullivans Island
Middle Schools Moultrie
High Schools Wando
Others
Acceptable Financing Any
Listing Terms Any
Financing Any
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Harrison Baker
Agent w/The Baker Group | License ID: 11134
Agent w/The Baker Group License ID: 11134