Assumable Freddie Mac Note with amazing 3.53% fixed rate to 2031 for qualified buyers! Well-maintained apartments with 90+% of units updated in recent years. Other improvements include water sub-metering project, repaving of asphalt parking lots, ongoing hvac replacement as needed, a roof replacement, installation of a commercial-grade backflow preventer system, and upgraded electric meters by Duke Energy. Mix of 31 (2bed/1.5 bath) units incl 20 garden (flat) condos & 11 townhomes. Units are all electric, central hvac with tenants paying all utilities. Onsite office could possibly be converted to a studio for more income. Of the 3.413 acres, the spacious, undeveloped land may have portable storage possibilities or perhaps even more units? Also, check out all the exciting economic development news from the 'Choose Chester' website at http://www.choosechester.com; otherwise described as "South Charlotte's Innovation Corridor" by Chester economic development officials.
Property Type: | Residential Income | Property Subtype : | Apartment |
Year Built : | 1976 | Construction Type : | Site Built |
Lot Size : | 3.413 Acres | Living Area : | 28,000 sqft |
Based on information submitted to the MLS GRID as of 06-20-2025 05:14:04 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.