SC > Summerville > Millbrook
Summerville, SC 29485,105 Magwood Dr
Summerville, SC 29485,105 Magwood Dr
Summerville, SC 29485,105 Magwood Dr
Summerville, SC 29485,105 Magwood Dr
Summerville, SC 29485,105 Magwood Dr
Summerville, SC 29485,105 Magwood Dr
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Michael Fox

Michael Fox

+1(843) 532-6441
Listed by   Matt O'Neill Real Estate
$ 750,000
Est. payment | /mo

8 Beds

4,010 SqFt

Save
$ 750,000
Est. payment | /mo
Save

8 Beds

4,010 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,010 sqft

Price per Sqft $187

Subdivision Millbrook

MLS Listing ID 25015599

Bedrooms 8

Year Built 1984

Lot Size 0.490 Acres

Acres 0.49

Property Sub-Type Quadruplex

Property Description

Welcome to 105 Magwood Drive, a well-positioned potential investment opportunity in one of Summerville's most convenient locations. This well-maintained quadplex features four thoughtfully designed 2-bedroom, 1.5-bathroom units, making it an ideal fit whether you're searching for your next home, a potential income-producing property, or a strategic addition to your portfolio. If you're exploring a house-hack strategy, this property potentially allows you to move into one unit while renting the three remaining fully leased units. Current leases include: Unit A: $1,225/month Unit B: $1,500/month Unit C: $1,225/month Unit D: $1,250/month. Altogether, the quadplex brings in $5,200 per month in gross rental income, offering the potential for immediate cash flow.Located just 3.7 miles from Historic Downtown Summerville, 5.5 miles from I-26, and 6.5 miles from Nexton Square, the property offers unmatched access to local amenities, shops, restaurants, and major employers. Residents will enjoy living in the Dorchester-2 School District.

Whether you're seeking a turnkey 1031 exchange opportunity or a comfortable place to live while renting additional units, 105 Magwood Drive presents a compelling option in a high-growth Charleston submarket.

The buyer agrees to cooperate with all documentation necessary to complete a 1031 exchange, if applicable. Proof of funds or a letter of credit (LOC) from a bank or mortgage lender is required prior to any showings or walkthroughs.

*Rental availability and options are not guaranteed. Buyers interested in residential and other rental options must verify with any and all governing bodies.

Location

State SC

County Dorchester

Area 62 - Summerville/Ladson/Ravenel To Hwy 165

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Central Air

Laundry Washer Hookup

Exterior

Roof Type Asphalt

Building

Dwelling Type Quadruplex

Story 2

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Flowertown

Middle Schools Gregg

High Schools Summerville

Others

Acceptable Financing Any

Listing Terms Any

Financing Any

advisor-avatar

+1(843) 532-6441

mfox@carolinaoneplus.com

567 Crowfield Blvd, Goose Creek, South Carolina, 29445, USA

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