Charleston & Mt. Pleasant Homes For Sale - Please contact Alan Donald for more information on this listing: (843) 900-0155

$1,550,000 | N/A beds | N/A full baths | N/A half baths | 4,972 sqft

$1,550,000 No Recent Price Change
120 Fred Street
Summerville, SC 29483
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 4,972SqFt
  • 1980Year Built
  • 0.20Acres
  • MLS# 25013797
  • Multi Family
  • Active Contingent

  • Approx Time on Market2 months, 13 days
  • AreaSummerville/ridgeville
  • CountyDorchester
  • Subdivision None

Overview

This Fully leased multifamily investment opportunity located in downtown Summerville SC. comprised of 8 units, the building underwent a full renovation in 2024, featuring all new appliances, HVAC, fixtures, Duration paint, LVP flooring and new tankless water heaters. This low-maintenance brick building, with new systems in place, boasts quartz countertops and stainless steel appliances, offering modern appeal and convenience with 10 on site parking spaces. Situated in the high-demand Summerville area with 100% occupancy, this property presents a seamless, automated management system, with digital access locks on all doors. This property is just blocks from Downtown Main street. Don't pass up this opportunity to invest in the #1 ranked suburb in the USA for 2025!Each unit has its own power meter, water is shared for the building.Sale is for the building and .19 Acres of land with frontage on Fred Street. The vacant land facing W 5th North Street is not part of this offering, but could also be purchased for an additional $100,000.00. This lot has a preliminary site plan for 3 single family home lots., but could also accommodate townhomes or small commercial development.



Agriculture / Farm

Grazing Permits Forest Service:  No

Grazing Permits Private:  No

Grazing Permits Blm:  No

Horse:  No

Farm Credit Service Incl:  No

Association Fees / Info

Bathroom Info

Building Info

Year Built:  1980

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Garage:  No

Attached Garage:  No

Interior Features

Fireplace:  No

Lot Info

Lot Size:  0.20

Lot Size Units:  Acres

Acres:  0.20

Lot Sqft:  8712

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  B

Stories:  2

New Construction:  No

Property Subtype:  No

Building Area Units:  Square Feet

Entry Location:  Ground Level

View:  No

Home Warranty:  No

Habitable Residence:  No

Structure Type:  More than 4

Room Info

Sale / Lease Info

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Sqft Info

Sqft:  4972

Unit Info

Number of Units Total:  8

Utilities / Hvac

Heating:  Yes

Heat:  Wall Unit(s)

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Alston Bailey

Middle:  Alston

High:  Summerville

Directions

From N Cedar Street Turn On Fred Street. Property Will Be Towards The End On The Left.

Courtesy of listing office Birchin Lane Realty Advisors, LLC 

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Price & Status History (on buyhomesincharleston.com since Mon, May 19th 2025)
  • Original Price: $1,550,000
  • Current Price: $1,550,000
  • Price Reduced: $0
Date ChangedFromTo
06/23/2025ActiveActive Contingent

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty Charleston are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 08-02-2025 9:01 AM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2025 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 08-02-2025 9:01 AM EST est.

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Contact Alan Donald for more information on this listing - (843) 900-0155
Keller Williams Realty Charleston - Mt Pleasant, SC