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**Showing for back-up offers** A rare in-town two-residence property located in old Windermere. Fully renovated in 2019, this charming brick bungalow offers modern convenience, flexibility, and multiple living spaces on a beautiful tree-lined street. Enjoy a short walk to restaurants, schools, and shopping, with an easy commute to downtown and MUSC. Main House (4 Bed / 3 Bath): This comprehensive 2019 renovation includes all new wiring, all new plumbing, new venting and HVAC in both buildings and a Rinnai tankless hot water heater. Original hardwood floors flow throughout the open-concept family and dining areas. The modern kitchen features European appliances, a Brizo faucet, custom tile, a large island perfect for entertaining, and a spacious walk-in pantry. Oversized 8'x8' folding doors open to a generous screened-in porch, creating seamless indoor/outdoor living. An upper-level in-law suite with a semi-private entrance offers flexible use as guest space, a home office, or can be converted to a fully private suite. Back Cottage (1 Bed / 1 Bath): Situated directly on the Greenway, this cottage includes a lower-level enclosed hobby shop or oversized storage area with room to expand (buyer to verify). The generous yard features gardens with native plants and trees. Income Potential: Two water meters and two power meters support separate living arrangements. Prior rental history for both the main house and cottage underscores strong income potential, making this a compelling MUSC-adjacent investment or live-and-lease opportunity. If you're seeking a close-to-downtown address with character, flexibility, and built-in options, 29 Beverly Rd stands out. Buyers to verify all uses, permits, and measurements to their satisfaction. Schedule your showing and explore the possibilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,624,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,299,920 | $1,299,920 | $1,299,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.247% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,690 | $7,898 | $10,969 |
| Total Monthly Payment | $7,815 | $8,023 | $11,094 |
* 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.