Courtesy: Coldwell Banker Realty
843-375-2780
Income-producing duplex in Hanahan! Offered together for $315,000, 1157 Berkeley, Units A and B, is currently occupied by month-to-month tenants paying $1,100 per side, generating $2,200 in monthly rental income, and CMA shows $1300/month average rental potential per side. Situated on a quiet dead-end street, the property features updates including fresh paint, new wood-look lvp flooring, new lighting, hardware, new countertops, and bathroom improvements.Driveway parking and a rear laundry shed with a full-size washer and dryer add everyday convenience. Each side has separate water and electric billing, with tenants responsible for all utilities. An opportunity to purchase both units with established rental income in place. NO HOA.
Courtesy: Coldwell Banker Realty
843-375-2780
Excellent investment opportunity at 1155 Berkeley! This duplex features two separate residences--Units A and B--each offering 2 bedrooms and 1 full bathroom. Both units enjoy plenty of natural light from the windows and comfortable, functional floor plans. A detached laundry shed is conveniently located behind the duplex.Situated at the end of a quiet street, each unit is currently occupied by a month-to-month tenant, providing immediate rental income and flexibility for the new owner. Recent rental comparables indicate potential rents of approximately $1,300 per month per unit, or $2,600 per month combined. This is an appealing opportunity for an investor or an owner-occupant interested in living in one side while generating income from the other. NO HOA fees.
Hanahan is located in South Carolina. Hanahan, South Carolina has a population of 20,381. Hanahan is more family-centric than the surrounding county with 33.07% of the households containing married families with children. The county average for households married with children is 30.05%.
The median household income in Hanahan, South Carolina is $76,094. The median household income for the surrounding county is $70,786 compared to the national median of $69,021. The median age of people living in Hanahan is 35.4 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 38 degrees. The average rainfall is approximately 49.5 inches per year, with 0.4 inches of snow per year.
