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MLS ID: 25007505
For Sale - $775,000

About this property

Bedrooms 4
sq2 1770
Lot Size 0.4300 acres
Year Built 1975
DOM 35

Address

Address:
1497 Remount Road
Subdivision:
Charleston Farms
Zip Code:
29406
County:
Charleston
State:
SC

Features and Amenities

Cooling
Other
Heating
Heat Pump, See Remarks
Roof
Architectural
Community Features
Bus Line
Utilities
Charleston Water Service, Dominion Energy

Description

Investor Opportunity: High Cash Flow + Future Expansion Potential. BRING AN OFFER! -This is your chance to secure a lucrative, income-generating property in North Charleston, SC! Located at 1497 Remount Road, this property already offers 4 fully-renovated, short-term rental units, producing $8,000/month in consistent cash flow. But that's just the beginning - with Hotel/Motel Licensing in place and approval to build 29 additional units, this property has significant upside potential for future growth. -Key Features: 4 existing cash-flowing units currently averaging $8,000/month in Short Term Rental income. Hotel/Motel License allowing all 4 units to operate as legal short-term rentals. 29-unit expansion approval - grow the property and maximize your investment.Fully furnished units - all furnishings convey with an acceptable offer. Renovated, tastefully decorated spaces, providing a perfect blend of comfort and convenience for guests. Common area available for co-working space - increasing appeal for both leisure and business travelers. Located in North Charleston, just minutes from local attractions, businesses, and major highways, this property offers a turnkey solution for savvy investors. Whether you continue to grow your short-term rental portfolio or expand the property with additional units, the potential for ROI is substantial. Don't miss out on this highly-profitable opportunity with the ability to scale. Act fast before it's gone!

Schools

Name Address Phone Type Grade
A. C. Corcoran Elementary 8585 Vistavia Road 8437642218 Public PK-5 SPED
Matilda Dunston Elementary 1825 Remount Road 8437457109 Public PK-5 SPED
Name Address Phone Type Grade
Deer Park Middle 2263 Otranto Rd 8439905200 Public 6-8 SPED
Name Address Phone Type Grade
GREEN Charter School Lowcountry 8717 Old University Boulevard 8435017911 Public K-8 SPED
Name Address Phone Type Grade
Learn4Life High School - Charleston 6209 Rivers Avenue 8436666362 Public 9-12 SPED
Lowcountry Acceleration Academy 5935 Rivers Avenue, suite 101A 8438046778 Public 9-12 SPED
Palmetto Excel 7000 Rivers Avenue, Building 100 8433299662 Public 9-12 SPED
Name Address Phone Type Grade
Midland Park Primary 2415 Midland Park Road 8435742183 Public PK-K SPED

Price Change history

  1. $800,000 $452/SqFt

  2. $775,000 $438/SqFt

Mortgage Calculator

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Interest Rate as of: Thu, Apr. 24, 2025
$ 775,000 Home Price
$ 4,092 Monthly payment
$ 620,000 Amount Financed
$ 49,099 Annual cost of Loan
$ 1,472,983 Total of 360 Payments

Map

SEE THIS PROPERTY

James Schiller

James Schiller

Realtor, Brand Name Real Estate
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