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1907 Helm Avenue, North Charleston, SC, 29405 | $329,000
TWO UNITS!!! Prime Opportunity - Investors and developers, take note! ***DUPLEX/TRIPLEX/QUADPLEX ALLOWED!! ***This 50' x 135' lot in North Charleston offers a rare opportunity in a growing neighborhood with new construction across the street. Two units on one lot- making this an excellent value-add project in a growing area. ''Multi-family housing is a permitted use within the R-3 zoning district''Property Highlights: - Zoning: R-3 Main House: 2 bed, 1 bath, 859 sqft Detached Apartment: 1 bed, 1 bath, approximately 540 sqft, with separate utilitiesNo HOA - Greater flexibility for developmentRecently Occupied for the last 11 years. Needs TLC Sold AS IS. Metal RoofLowcountry Rapid Transit is set to have a stop at Rivers and Helm. From North Charleston "Duplexes, triplexes, and quadplex are permitted in the R-3 zoning district. On the City's Interactive Zoning Map, it says that the parcel is . 15 acres, meaning that the parcel meets the minimum lot size requirement for at least 4 units (1500 SF per dwelling), and could actually allow up to 5 dwelling units if there were to be shared parking (1200 SF per dwelling). Please see Section 6-1(a)(2) for reference. Having said all that, the answer is yes. A triplex or quadplex would be allowable at this site. "
Features
- Bedrooms: 3
- Units: 2
- Development: 31 - North Charleston Inside I-526
- Year Built: 1950
- Garage: 1-car
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,399
- Acreage: 0.15
- Elem. School: Mary Ford
- Middle School: Hursey
- High School: North Charleston
- MLS#: 25007542
- Days on Market: 302 days
- Website: https://www.raveis.com
/prop/25007542/1907helmavenue_northcharleston_sc?source=qrflyer
Listing courtesy of Carolina One Real Estate
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
1907 Helm Avenue, North Charleston, SC, 29405
$329,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $263,200 | $263,200 | $263,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.156% | 5.522% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,494 | $1,576 | $2,116 |
| Total Monthly Payment | $1,569 | $1,651 | $2,191 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484