Description
Incredible investment opportunity to own two renovated homes near the beach on Isle of Palms, both with in-ground pools! These properties come with long-term leases generating $25k/month until March 14, 2024. The current tenant has two 1-year options to renew with annual increases upon renewal. On March 15, 2024, if option is exercised, the leases renew to $25,750/month and on March 15, 2025 the leases bring in $26,522/month upon renewal. No management fees and the tenant covers all utilities, pool maintenance, landscape maintenance, cleaning, and common wear & tear expenses.
Nearby Schools
Sullivans IslandElementary School
MoultrieMiddle School
WandoHigh School
Location
The data relating to real estate for sale on our web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Listings held by brokerage firms other than BIG Realty LLC, are marked with the Broker Reciprocity logo or the Broker Reciprocitysm thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. Copyright 2022 Charleston Trident Multiple Listing Service, Inc. All rights reserved. Updated: 21st September, 2023 12:37 PM (UTC)
Listing Agent: Jonathan Holt
Listing Office: Keller Williams Realty Charleston West Ashley
