1 S Anderson Avenue

Property Description

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!