609 W Richardson Avenue, Summerville, 29483

CONTINGENTMulti-Family For Sale

$750,000

Beds
Baths
6,000Sqft
.9Acres
1905Built
MLS® #: 17032750
Active Contingent

This is a very nice and grand home in the heart of the historic district and is known as Camellia Cottage.Very nice, large and private yard in one of the lowcountries more desirable areas.This property has endless possibilities for a creative owner.In very desirable school district.Current owners have enjoyed the home for over 20 years but no longer need it.House is in need of a lot of painting and some renovation, but is very ready to live in right now while you do the work.The cottages bring a substantial amount in rental income and that could be increased substantially by taking advantage of the demand for short term rentals (2-6 month) by national and international companies in the area such as Air B&B.Even with the rentals the house is very private with almost an acre of land andaccess from 2 streets.A hands on owner or contractor could easily make this home a great place to live and produce enough income to cover most or all the costs of ownership.Main house is about 3600sqft including the downstairs apartment but not including the attic.Cottage next to the house (607 W Richardson) is approx 1000sqft has 2 bedrooms 1 bath, large living room, den, full kitchen, front and back porch.Small cottage off the back drive way (611 W Richardson) is approx 350sqft has a nice kitchen, small bath and bedroom. Carriage house off the back drive way is approx 950sq' is 1 or 2 bedroom 1 bath built in 2010, also has a 3 car garage/shop on the ground floor approx 1000sqft.Property has over 6000sq' of heated space and is only limited by your ideas.New owner would have to address some work soon (front porch, exterior paint and repaint roof).Other improvements could be done over time as needed such as upgrading baths or adding a downstairs master (in the downstairs parlor that is now rented as a separate apartment).Owners are considering subdividing the property, cutting it in half with the main house and large cottage going as one parcel (at a reduced price) and the carriage house and small cottage house as the 2nd parcel. With a right of way granted to the main property to access the property and parking from the driveway on Walnut St.This property will sell quickly! Seller will consider subdividing property and sell only a portion of the property seller will credit at the time of closing $100,000 to a contractor of buyers choice for property upgrade ,painting and other cosmetic upgrades

Essential Information

MLS® #: 17032750
Price: $750,000
$/SqFt: $125
Square Footage: 6,000
Acres: 0.90
Year Built: 1905
Type: Multi-Family
Style: Single Family Detached
Status: Active Contingent

Interior

# of Stories: 2

Exterior

Exterior: Wood Siding

Community Amenities

Amenities: Cable Avail, Trash Pickup, Play Park

Community Information

Address: 609 W Richardson Avenue
Area: 63 - Summerville/Ridgeville
City: Summerville
County: Dorchester
State: SC
Zip Code: 29483

School Information

Elementary: Summerville
Middle: Alston
High: Summerville

Additional Information

Listing Office: The Group, LLC

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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