Property photo 1
29 photos
ActiveMLS# 2602592611 days on market

$650,000

428 Riverland Drive #B A & B

Charleston, SC 29412

4 BD|2 BA|1,320 SQFT|$492.42/sqft

About This Property

Versatile James Island duplex walkable to the beautiful Riverland Terrace area offering exceptional flexibility for homeowners, investors, and buyers seeking multigenerational living or a property with multiple income opportunities. A stand-out location perfectly positioned for access to James Island, Downtown, Folly Beach and Johns Island. This well-maintained property features two units, each 2-bedroom, 1-bath, with one unit located upstairs and the other downstairs, creating a unique opportunity to live in one unit while generating rental income from the other, operate both as an investment, or utilize the property for a combination of personal and rental use.The duplex is in a quiet neighborhood that backs up to the municipal golf course, with a large backyard built for enjoyment including a dining gazebo, grilling station and putting green! Both units are furnished and in good condition with strong rental booking history, making this a turnkey opportunity for a buyer looking to continue a furnished rental strategy. Currently used as an owner operated short-term rental, it has opportunity for expanded rental optimization with professional management and flexibility for short-term, mid-term, or traditional long-term rental strategies. Beyond the income potential, this property offers a number of practical advantages, including ductless mini-splits installed in 2019, a tankless hot water heater, a 2016 roof, first floor laundry accessible to both units, a new privacy fence in the expansive backyard (with enough room to split the yard per unit if desired), and multiple off-street parking spaces. The furnished setup can allow a new owner to begin using the home immediately rather than taking on the furnishing expense associated with many investment properties. With an acceptable offer, this duplex will be offered with all appliances, seller-owned household items (linens, dishes, supplies) furniture and art. Whether you're an investor looking for a flexible Charleston rental property, a buyer looking for a multigenerational property, a homeowner seeking a residence with supplemental income, or someone looking for a furnished property with multiple future-use options, 428 Riverland Drive offers a rare combination of flexibility and location. Situated on James Island with convenient access to downtown Charleston, area dining and recreation, and the beaches of Folly Beach, this property puts the best of the Charleston lifestyle within easy reach. Explore the possibilities at 428 Riverland Drive--two units, one desirable James Island location, and multiple ways to make the property work for you. Buyers interested in short-term rental use are encouraged to independently verify all current unincorporated Charleston County zoning, permitting, licensing, occupancy, parking, and other applicable requirements prior to purchase and should not assume that existing rental use or approvals will transfer to a new owner.

Property Details

Property TypeSingle Family
Year Built1953
Lot Size9,148 sqft
Stories2
Price / Sqft$492.42
Days on Market11
MLS Number26025926

Zelda Bryant

Broker-in-Charge

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Est. Monthly Payment

$3,910

P&I: $3,287 | Tax: $460 | Insurance: $163

$650,000
%
%
Loan Amount$520,000
Down Payment$130,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

428 Riverland Drive #B A & B, Charleston, SC 29412

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