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***Ask about the possibility of receiving 1% reduction in interest rate and free refi. ***Opportunity awaits with this as is handyman special in the heart of Hanahan. Situated on a spacious 0. 44 acre lot, this roomy three bedroom, two bathroom home offers endless potential for buyers with vision. The generous floor plan offers an excellent starting point for renovations and customization, making it an exciting opportunity for anyone looking to create their dream home or expand an investment portfolio. If you have been searching for a fixer upper with plenty of space and possibilities, this property deserves a closer look. The location is equally impressive, offering convenient access to some of the area's most desirable destinations. You are less than 2 miles from I-526, approximately 2. 5 miles from I-26 and Park Circle, within 5 miles of Charleston International Airport, Boeing, and Tanger Outlets, and less than 10 miles from downtown Charleston. Due to its zoning designation within the City of Hanahan, this property may have the potential to support a multiplex, subject to verification and applicable regulations. * With its large lot, spacious layout, and prime location, this property is packed with potential. Don't miss this opportunity to bring your vision to life. -Home sold as is. -All zoning and development potential for multiplex development is not guaranteed and is subject to buyer verification. Buyers should conduct their own due diligence and consult with the City of Hanahan's Planning and Zoning Department, as well as any applicable regulatory agencies, to confirm permitted uses, development standards, density requirements, and any restrictions that may affect the property.
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Our Executive Mortgage Banker:
$269,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $215,920 | $215,920 | $215,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,277 | $1,347 | $1,779 |
| Total Monthly Payment | $1,352 | $1,422 | $1,854 |
* 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.