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1416 Chancellor St Edisto Island, SC 29438
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Key Details
Sold Price $825,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,280 sqft
Price per Sqft $644
Subdivision Beach Walk
MLS Listing ID 23027412
Bedrooms 3
Full Baths 2
Year Built 1959
Lot Size 10,890 Sqft
Property Description
Back on market at no fault of the home nor the sellers! The buyers home sale did not go through so the buyer had to back out of contract just days before closing. Already past the Home Inspection, the CL-100, and the appraisal, so this home is ready-to-go! Well on its way to having a record year with rental income if it keeps going like it is!Excellent rental history for this meticulously renovated 1 story, 3 bedroom, 2 bath beach house. Rental revenue $70,000 for Feb to Nov of 2023! Could have been more, but the owners enjoyed many weeks for themselves and blocked off 3 weeks in December for showings. Multiple rentals on the books for 2024 already. New kitchen and bathrooms, HVAC, tankless hot water heater, leveled floor system, just to name a few items. Top ofthe line linens and bedding give this rental home excellent reviews. Enjoy 2 driveways, 2 screened in porches, a large patio, outdoor shower, tankless water heater, and a 14 x 20 shed in the back yard that would make for a fun game room! Quick walk to the beach past only 7 houses. On crawl space, so no steps to climb with groceries or luggage. Flood Insurance $2,299 per year and Homeowners Insurance $7,076 per year.
Location
State SC
County Colleton
Area 27 - Cln - Edisto Beach
Interior
Heating Electric
Cooling Central Air
Flooring Ceramic Tile
Laundry Laundry Room
Exterior
Community Features Boat Ramp, Golf Membership Available, Tennis Court(s), Trash, Walk/Jog Trails
Utilities Available Dominion Energy
Waterfront Description Beach Access
Roof Type Architectural
Building
Lot Description 0 - .5 Acre, Level
Story 1
Foundation Crawl Space
Sewer Septic Tank
Water Public
New Construction No
Schools
Elementary Schools Northside Elementary
Middle Schools Colleton
High Schools Colleton
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