3317 Florida Avenue, North Charleston, SC

$1,750,000

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9,492

Square feet

0.44

Acres

About 3317 Florida Avenue

20 unit apartment complex in hot area in the path of progress between Park Circle and Downtown. 21st unit is a coin-fed laundry rm with full bath as storage/security room. Complex has video security, six-foot perimeter fence, surface parking and central HVACs. Unit mix is 18 - 1 bd 1 ba and 2 - 2 bd 1 ba. Owner pays water and most power. New roof in 2019 and mostly new HVACs. 6.4% CAP is based on 2019 NOI. Current rent roll is $15,970. Some legacy tenants, opportunity to boost rents. Opportunity Zone. Near CARTA bus Super Stop and Reynolds Ave. Please find attached 2019-2020 P&Ls and current rent rolls.City of N Charleston took over Reynolds Ave, added parking; has plans to streetscape Reynolds similar to the efforts untaken that transformed Montague/Pk Cir.Owner is agen

Features of 3317 Florida Avenue

MLS® # 21012698
Price $1,750,000
Square Footage 9,492
Acres 0.44
Year Built 1972
Type Multi-Family
Style More than 4
Status Active

Community Information

Address 3317 Florida Avenue
Area 31 - North Charleston Inside I-526
City North Charleston
County Charleston
State SC
Zip Code 29405

Amenities

Has Pool No

Interior

# of Stories 2

Exterior

Exterior Vinyl Siding, Brick Veneer

School Information

Elementary Chicora
Middle Norman C Toole
High N Charleston

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

OfficeHorne Realty, LLC

Listing Map

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