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Charming 1950s Furnished Bungalow Just Half a Mile from Historic Downtown Beaufort - Turnkey STR Opportunity
Welcome to 162 James Street - a beautifully maintained 1950s vintage bungalow full of Lowcountry charm, ideally located just 0. 5 miles from the heart of historic downtown Beaufort. Situated on nearly a quarter-acre lot, this 3-bedroom, 1-bath home offers timeless character and modern comfort in a prime location.
Inside, you'll find a cozy family room, a fully equipped kitchen, and three thoughtfully arranged bedrooms—two with queen-sized beds and a fun, functional bunk room—making the space ideal for hosting guests. The home is being sold fully furnished, providing a true turnkey opportunity for immediate enjoyment or rental income.
Currently operating as a successful short- term rental, the property includes a valid short-term rental license and passed all required inspections in 2023. It has been a consistent performer on the short-term rental market since 2022, making it a perfect investment for those looking to step into a proven income-generating property.
Whether you're seeking a coastal getaway, an investment property, or a charming full-time residence, 162 James Street offers location, flexibility, and value in one of the South's most picturesque towns.
Don't miss your chance to own this fully furnished, STR-licensed bungalow in beautiful Beaufort!
This information is deemed reliable, but not guaranteed. Neither the Lowcountry Regional MLS, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is for use by its members and is not intended for use for any other purpose. Source: LowCountry Regional MLS
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Our Executive Mortgage Banker:
$349,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $279,200 | $279,200 | $279,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,674 | $1,742 | $2,300 |
| Total Monthly Payment | $1,749 | $1,817 | $2,375 |
* 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.