Address 601&603 Semaht Street, Charleston, SC 29412 US
Listing Provided by PHD Properties
Sale Type Not an Auction
MLS Area 21 - James Island
Description : Turnkey James Island income property featuring two fully renovated dwellings on a rare 0.
Turnkey James Island income property featuring two fully renovated dwellings on a rare 0.24-acre lot with ample off-street parking, located in unincorporated Charleston County.The property includes a 2BR/1BA main residence and a separate studio ADU, both fully renovated down to the studs in 2022. Combined, the property offers approximately 1,155 SF of living space with independent layouts, modern finishes, and strong functional separation.In-place rental income totals $3,800/month ($45,600 annually) with the main home renting for $2,200/month and the ADU for $1,600/month. No HOA. Owner covers water and landscaping only. Estimated NOI of approximately $30,000 annually.The oversized lot and parking configuration provide flexibility rarely found on James Island and support multiplebuyer profiles including long-term investors, owner-occupants seeking rental offset, or hybrid-use buyers.
Property is located in unincorporated Charleston County, where short-term rentals are permit-driven. Buyer to independently verify zoning, permitting requirements, and intended use. No STR income has been assumed in current financials.
A rare opportunity to acquire a compound-style property with proven income, recent major renovations, and long-term optionality in one of Charleston's most desirable submarkets.
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