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2018 Pinopolis Road, #A-D, Pinopolis, SC, 29469 | $605,000
Turnkey Quadplex Investment Opportunity - Fully Occupied with Long-Term Tenants!This high-performing quadplex is a rare find in a rapidly growing area, offering 100% occupancy with long-term tenants and consistent rental income. Each unit rents for $1, 200-$1, 300 per month, with virtually no vacancy issues, making this a stable, cash-flowing investment from day one. The property has seen significant upgrades, ensuring minimal capital expenditures for the new owner. (Circa 2017): New appliances, fresh paint, updated AC/HVAC units, and new roofs on both buildings. (Circa 2024): Units A & C completely renovated, featuring new paint, luxury vinyl plank (LVT) flooring, updated lighting, ceiling fans, and other modern upgrades. New septic tank recently installed, adding furthervalue and reducing maintenance concerns. Each unit offers ample parking, and the large lot provides room to build another income-producing structure. Located in a charming historic area near a public boat ramp on Lake Moultrie, this property is highly desirable for tenants, especially employees of Santee Cooper, Volvo, and other major employers in the region. A washer and dryer are also available for tenant use in the rear building. This is a true turnkey investment with strong cash flow from day one! Being sold AS-IS.
Features
- Amenities: Laundry
- Bedrooms: 7
- Units: 4
- Development: 76 - Moncks Corner Above Oakley Rd
- Year Built: 1990
- Heating: Electric
- Cooling: Central Air
- Approx Sq. Feet: 2,956
- Acreage: 0.49
- Elem. School: Berkeley
- Middle School: Berkeley
- High School: Berkeley
- MLS#: 25008526
- Days on Market: 8 days
- Website: https://www.raveis.com
/prop/25008526/2018pinopolisroad_pinopolis_sc?source=qrflyer
Listing courtesy of The Charleston Real Estate Cafe
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2018 Pinopolis Road, #A-D, Pinopolis, SC, 29469
$605,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $484,000 | $484,000 | $484,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.695% | 6.810% | 6.026% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,786 | $3,099 | $4,019 |
| Total Monthly Payment | $2,878 | $3,191 | $4,111 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484