3109-3113 Matipan Ave, North Charleston SC 29405

$649,900

3109-3113 Matipan Ave, North Charleston, SC 29405

bedrooms

bathrooms

square feet

Acreage

0.51

Open Houses

year built

1952

Full Baths

Half Baths

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This unique 0.51-acre property consists of three adjacent parcels, offering a variety of opportunities and tremendous potential! The package includes a 3 bed/2 bath 936 sq ft single-family home (fully renovated with high-quality finishes), a duplex (with two 1-bed/1-bath units, each 390 sq. ft.; also fully renovated with brand-new mechanical, electrical, and plumbing systems), and a vacant lot, which is a cleared, spacious lot formerly housing 3 mobile homes, now primed for your development vision. This property offers flexible income potential. You could rent out the single-family home and duplex for immediate cash flow, or sell the home for an equity boost while maintaining income from the duplex.The vacant lot is ready for new construction and is perfect for additional duplexes, townhomes, or multi-family housing. You could even utilize the vacant lot for specialty tenants, offering storage for equipment, vehicles, or materials with adjacent lodging. Capitalize on the ability to set premium pricing with no competition! Combine or reconfigure the existing lot lines to suit your development plans and maximize value. This is a great location with prime frontage on Matipan Avenue and immediate access to I-26, Azalea Drive, and Cosgrove Avenue ensures convenience and high demand. Whether you're seeking steady cash flow, equity growth, or an exciting development project, this property is ready to deliver. Leverage the income from the existing rentals to support your new venture on the vacant lot. Don't miss this rare investment opportunity. Properties with this level of potential don't stay on the market for long!

Location
Subdivision	Dorchester Terrace
County	Charleston
Elementary School	Mary Ford
Middle School	Morningside
High School	North Charleston

Driving directions

Open houses

None scheduled.

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MLS number: 25000711

Listing agent: Jeff Cook

Listing broker: Jeff Cook Real Estate Lpt Realty (843) 225-2005

Last update: Wednesday, February 19 2025 at 1:35 p.m. EST

Kotohomes National