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6951 Kenwood Drive, North Charleston, SC 29406

$1,850,000
Property Type: MultiFamily Square Footage: 18,104 Lot Size (sq. ft.): 74,052 Status: Closed
Current Price: $1,850,000 List Date: 1/08/2021 Last Modified: 10/06/2026

Overview

Description

100% occupied with positive cash flow! 2BD apartments were built in 2008 and the 1BD apartments were built in 1972. Owner bought brand new AC's in 2017 and LVP flooring has been replaced as units turn. Main water line from street was replaced in 2019 to reduce water bill. Additional building on lot is currently being used for storage but could be another unit, laundry facility, etc.

Listing Details MLS# 21000464

Location, Tax & Legal

Tax Map #
4781400142
Street #
6951
Street Name
Kenwood
Street Suffix
Drive
County
Charleston
State
SC
Zip Code
29406
Area
32 - N.Charleston, Summerville, Ladson, Outside I-526
Tax District
43 - City of North Charleston
Subdivision
None
Elementary School
Midland Park
Middle School
Northwoods
High School
Stall
Directions
From Ashley Phosphate, turn onto Stall Rd. Turn left onto N. Kenwood, Right onto Mawood Ave, then Right onto S Kenwood and it's on the right. From Rivers, Turn onto Midland Park Rd, Right onto S Kenwood ad and its on the left.

Contract Info

MLS List Date
2021-01-07
Total List Price/SqFt
127.04

General Property Info

Number of Units
24
Ground Level
Yes
Total Apx SqFt
18104
Year Built
1972
Acreage
1.7
Lease Purchase
No
Potential Short Sale
No

Income Expenses Fees

Annual Expenses
63237
Net Income
188452

Status Change Info

Sold Date
2021-06-23
Sold Price/SqFt
102.19
New Mortgage Type
Conventional

More Information

Property Features

SqFt Source: Previous Listing Roof: Architectural Exterior: Brick - Veneer; Vinyl Siding Foundation: Slab Driveway: Blacktop Architectural Style: Other Zoning: Conforming Cooling: Central Air Heat: Electric Amenities: Bus Line; Cable TV; Storage; Trash Sale Includes: Building and Land Tenant Pays: Electric; Other (Use Remarks) Proposed Financing: Cash; Conventional Loan Possession: At Closing Utility Suppliers: Carolina Water Service; Dominion Energy
IDX
Listing Office: True Carolina Realty
Last Updated: October - 06 - 2026
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