1116 Edgewood Drive

Charleston, 25302
$437,500

Property Details

This is a rare find. Two apt bldgs with 10 units in the historic edgewood area! 95% occupancy. Credit tenants. Consistent expenses. Purchased and renovated in 2015. New roof, new windows, new electrical, new kitchens. Net income of $40,000. Listed for a 9% cap. If you’re looking for cash flow, this it it. With conventional financing and a 15% down payment, your monthly cashflow, after mortgage, would be $1,000. This is a very stable investment. 1118 & 1116 edgewood drive. Appraisal on file.

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residential
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General:

  • Beds:
  • House size: 9,200 Sq Ft
  • Price: $437,500
  • Full baths:
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  • Year built: 1940
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Bedrooms:

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Bathrooms:

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Kitchen dining:

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Other rooms:

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Interior features:

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Building construction:

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  • Roof: Metal
  • Construction: Block,Brick
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Exterior lot:

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  • Lot front: 100
  • Lot back: 100
  • Lot left: 115
  • Lot right: 115
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Garage parking:

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Heating cooling:

  • Cooling information: Tenant Pays
  • Cooling system: Central,Window
  • Heating information: Tenant Pays
  • Heating system: Baseboard,Forced Air Gas

Utilities:

  • Water sewer: Tenant Pays
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Appliances:

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School:

  • Elementary school: Edgewood Elementary
  • Middle school: Stonewall
  • High school: Capital

Location:

  • Address: 1116 Edgewood
  • City: Charleston
  • Zipcode: 25302
  • Area: Charleston-West Side

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