1221 Sumner Avenue Unit A,B,C,D,E | North Charleston | $880,000
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1221 Sumner Avenue Unit A,B,C,D,E
North Charleston, SC 29406
$880,000
4
BEDS
2,000
SQ. FT.
1221 Sumner Avenue Unit A,B,C,D,ENorth Charleston, SC 29406
For SALE
ACTIVE
$880,000
EST. 2,215.17/MO CALCULATE
4
BEDS
2,000
SQ. FT.
Property Description
See portfolio listing MLS#26001453! Seller will consider pricing incentives for clean, non-seller-financed transactions with strong terms. Don't miss your chance to purchase this turnkey 5-unit multifamily investment. The offering includes five one-bedroom, one-bathroom units.The property features a stabilized rental profile with a blend of three long-term rental units and two short-term rental units, allowing investors to benefit from diversified income streams and operational optionality. All units are fully leased, and the short-term rental units have an established operating history, supporting immediate cash flow.The asset underwent a comprehensive renovation on 3 of the units between 2023-2024, (the other two were renovated recently before current owner purchased) including significant capital improvements to electrical, plumbing, HVAC systems, and hot water heaters, along with full cosmetic updates. Renovations include new LVP flooring, drywall, quartz countertops, tile showers, stainless steel appliances, updated cabinetry, modern fixtures, fresh interior and exterior paint, and landscaping, positioning the property as a low-maintenance, turnkey investment.The building features concrete block construction, shingle roof, Romex wiring, and PVC/PEX plumbing. The property is located in Flood Zone X (minimal flood risk) and sits on a large lot.Ideally located just minutes from Park Circle, this Sumner 5-plex benefits from proximity to walkable dining, breweries, and neighborhood retail, along with convenient access to Rivers Avenue (US-52), I-526, and I-26, providing efficient connectivity to Downtown Charleston, Daniel Island, and the greater Charleston MSA. Major nearby employment centers include Boeing, Joint Base Charleston, Mercedes-Benz Vans, Charleston International Airport, and the rapidly expanding Naval Yard redevelopment corridor.This property represents a rare small-multifamily opportunity combining stabilized occupancy, renovated core systems, and diversified rental income in a supply-constrained market. With no heavy repositioning required, the property is well suited for investors seeking immediate income, operational ease, and durable long-term value. Some seller financing may be considered from seller equity, there is a mortgage on the property.
Property Details
- MLS ID26002697
- Property TypeMulti Unit - Multiple
- Building Area Total2000
- Days on Site34
- ExteriorBlock/Masonry, Stucco
- HeatingElectric, Heat Pump
- HeatingY/N1
- Home StyleMore than 4
- Interior FeaturesCeiling Fan(s)
- LaundryElectric Dryer Hookup, Washer Hookup
- Lot Dimensions0.20 acre(s)
- Lot Size0.20 Acres
- Other StructuresNo
- Roof TypeAsphalt
- SewerPublic Sewer
- Stories1.0
- Structure TypeMore than 4
- Units5
- UtilitiesCharleston Water Service, Dominion Energy
- WaterPublic
- Year Built1973
- acres0.20
Amenities
- Ceiling Fan(s)
Listed By / Shown By
Listed By
Agency Name: Maven Realty
Charleston Trident MLS
Shown By
Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016
Charleston Trident MLS
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1221 Sumner Avenue Unit A,B,C,D,E
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