Sullivans Island, SC 29482,Address not disclosed
Sullivans Island, SC 29482,Address not disclosed
Sullivans Island, SC 29482,Address not disclosed
Listed by   Reinay Holdings, LLC
Bought with William Means Real Estate, LLC
$5,000,000
Est. payment /mo
$5,200,000
3.8%
Est.Price: ?

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8 Beds
4,320 SqFt
SOLD DATE : 04/07/2021

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

Harrison Baker

+1(843) 494-4076

Agent w/The Baker Group | License ID: 11134

Agent w/The Baker Group License ID: 11134

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