120 Fred St new to site Save Request In-Person Tour Request Virtual Tour
Summerville,SC 29483
Key Details
Property Type Multi-Family
Sub Type More than 4
Listing Status Active
Purchase Type For Sale
Square Footage 4,972 sqft
Price per Sqft $311
MLS Listing ID 25013797
Year Built 1980
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type More than 4
Property Description
This Fully leased multifamily investment opportunity located in downtown Summerville SC. comprised of 8 units, the building underwent a full renovation in 2024, featuring all new appliances, HVAC, fixtures, Duration paint, LVP flooring and new tankless water heaters. This low-maintenance brick building, with new systems in place, boasts quartz countertops and stainless steel appliances, offering modern appeal and convenience with 10 on site parking spaces. Situated in the high-demand Summerville area with 100% occupancy, this property presents a seamless, automated management system, with digital access locks on all doors. This property is just blocks from Downtown Main street. Don't pass up this opportunity to invest in the #1 ranked suburb in the USA for 2025!Each unit has its own power meter, water is shared for the building.
Sale is for the building and .19 Acres of land with frontage on Fred Street. The vacant land facing W 5th North Street is not part of this offering, but could also be purchased for an additional $100,000.00. This lot has a preliminary site plan for 3 single family home lots., but could also accommodate townhomes or small commercial development.
Location
State SC
County Dorchester
Area 63 - Summerville/Ridgeville
Interior
Heating Wall Unit(s)
Building
Dwelling Type More than 4
Story 2
New Construction No
Schools
Elementary Schools Alston Bailey
Middle Schools Alston
High Schools Summerville