5603 Dobson Street, North Charleston, 29406

CONTINGENTMulti-Family For Sale


MLS® #: 18003007
Active Contingent

5603 Dobson is a 6 unit apartment building with positive cash flow priced over a 10.5 CAP. Each unit is 1 bedroom/1 bathroom. The property stays fully occupied and rents in the area have been steadily increasing with room for improvement even at the current rates. Unit 1 rents for $625, Unit 2 rents for $625, Unit 3 rents for $450, Unit 4 rents for $650, Unit 5 rents for $550, and Unit 6 rents for $600. Very large parking lot in the back of the building provides plenty of parking for tenants. Don't miss out on this great investment opportunity! Priced at over a 10.5 CAP, this won't last long. Current NOI projection attached.

Essential Information

MLS® #: 18003007
Price: $299,000
$/SqFt: $103
Square Footage: 2,890
Acres: 0.21
Year Built: 1973
Type: Multi-Family
Style: More than 4
Status: Active Contingent


# of Stories: 2


Exterior: Wood Siding

Community Amenities

Amenities: Bus Line, Cable Avail

Community Information

Address: 5603 Dobson Street
Area: N. Chas. / Summerville outside I-526
City: North Charleston
County: Charleston
State: SC
Zip Code: 29406

School Information

Elementary: Matilda Dunston
Middle: Morningside
High: N Charleston

Additional Information

Listing Office: BH&G RE The Beach Company

Scott Campbell

Your contact at Prestige Real Estate

I am delighted to answer any questions you may have.

Please provide a valid email address.
Prestige Real Estate Group
Prestige Real Estate Group LLC
1156 Bowman Road, Suite 200
Mt. Pleasant, SC 29464
1 (843) 259-9913

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