Prime commercial/residential investment opportunity in The Point, Historic Beaufort's most sought-after neighborhood. This income-generating property features two separately rented units, each with its own entrance, zoned T4-N and part of the city's retail overlay zone. A preservation easement with the Historic Beaufort Foundation ensures the building's charm and character remain intact but also has the option to be turned back into a residential home if desired. With a daily traffic count exceeding 15,000, this property offers exceptional long-term potential in a high-visibility location. Don't miss this rare chance to invest in one of Beaufort's most prestigious areas!
409 Carteret Street, Beaufort, SC, 29902
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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