1634 Sumner Avenue | North Charleston | $1,000,000

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1634 Sumner Avenue North Charleston, SC 29406 $1,000,000

SQ. FT.

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1634 Sumner AvenueNorth Charleston, SC 29406

For SALE Single Family ACTIVE

$1,000,000

EST. 2,517.23/MO CALCULATE

SQ. FT.

Property Description

R-2 Multifamily Development Opportunity - Corner Lot Near Park CircleRecently zoned R-2 Multifamily by the City of North Charleston, this 0.8-acre corner lot (a combination of 1634 and 128 Sumner Avenue TMS# 473-14-00-099) offers exceptional potential for new multifamily development.The properties currently include two homes and one mobile home, all conveying at no value. It's ideally situated between Stallion Grove Apartments to the rear and Read Street Apartments to the right, with the Charleston Farms Community Center--featuring a community garden --directly across the street.A new survey has been ordered and is expected in January, marking property corners, setbacks, and easements. In the meantime, an older plat and the City of North Charleston's R-2 multifamily guidelines are available under documents.According to current guidelines, R-2 zoning allows buildings up to 200 feet in length with a maximum of 8 units per building. For reference, Stallion Grove Apartments behind the property currently includes 16 single-level units on just 0.55 acres.This is a rare opportunity to invest early in an area experiencing rapid growth and redevelopment. Just one block away, Attaway Street connects Charleston Farms to the vibrant Park Circle community --home to popular restaurants, nightlife, and boutique shopping.

Property Details

MLS ID25032367
Property TypeLand - Residential
Community FeaturesBus Line, Clubhouse
Days on Site82
Lot Dimensions0.80 acre(s)
Lot Features.5 - 1 Acre, Corner Lot, Interior Lot, Level
Lot Size0.80 Acres
Other StructuresMobile Home, Residence
SewerSewer At Site
UtilitiesElectricity Connected, Natural Gas Connected, Water Connected
acres0.80

Listed By / Shown By

Listed By

Agency Name: AgentOwned Realty Preferred Group
Agency Contact: 843-884-7300

Charleston Trident MLS

Shown By

Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016

Charleston Trident MLS

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