Viewing Listing MLS# 31006099

Birchin Lane Realty Advisors is pleased to present This Fully leased multifamily investment opportunity located in downtown Summerville SC. comprised of 8 units, the building underwent a full interior renovation in 2024, featuring all new appliances, HVAC, fixtures, Duration paint, LVP flooring and new tankless water heaters. The 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, whole building and branding in place making it an attractive and rewarding investment within the rapidly growing Summerville SC market.Turn key investment opportunity with $156,000 in gross annual rent and low operating costs.Each unit has its own power meter, water is shared for the building.Sale is for the building on approximately .19 Acres of land with frontage on Fred Street .The vacant lot facing W 5th North Street is not part of this offering, but could also be purchased for an additional $120,000.00.- This lot has preliminary site plan for 3 single family home lots, but could also accommodate town homes. The current N-MX zoning allows for residential and commercial uses.SUMMERVILLE RANKED ''THE NUMBER ONE MOST IN DEMAND SUBURB FOR 2025'' !!- DAILY MAIL