118 Langley Drive, A&B, Summerville, SC 29485 (MLS# 31004257)

118 Langley Drive, A&B, Summerville, SC 29485

$325,000

Property Type: Commercial Sale Square Footage: 2,319 Status: Pending

Current Price: $325,000 List Date: 9/27/2024 Last Modified: 5/23/2025

Overview

Description

Duplex in Summerville! This recently renovated duplex features two tenant-occupied three-bedroom, two-bathroom units, making it an excellent income-generating asset. The air conditioning unit was installed in 2018, while the roof was updated in 2022. Units have been updated with modern flooring, appliances, and countertops. Unit A & B are rented for $1,870 per month, per unit; $44,880 yearly. The property is turnkey and is well-maintained, in a desirable location, and close to local amenities. Don't miss out on this lucrative real estate investment! Contact us today to schedule your appointment!

Listing Details MLS# 31004257

Location

Street Number: 118
Street Name: Langley
Street Suffix: Drive
Unit Number: A&B
County: Dorchester
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 62 - Summerville/Ladson/Ravenel to Hwy 165
State or Province: SC
Postal Code: 29485
Parcel Number: 1530104025
Opportunity Zone: No

General Information

Property Sub Type: Multi Family
Secondary Sub-Type: Multi Family
Listing Name: Duplex in Summerville!
Property Condition: Updated/Remodeled
Number of Units Total: 2
Building Area Total: 2319
Lot Acres: 0.32
Zoning: Dorchester - N-R - Neighborhood Residential
Property Visibility: Good
List Price/Acre: 1015625
List Price/SqFt: 140.15
For Comp Purposes Only: No
Opt In to Crexi?: Yes

Contract Information

Listing Contract Date: 2024-09-09
Original List Price: 435000
Tax Legal Description: Subdivision Millbrook Plat Book/Page D/220 Block/Lot /23 District/Ward 207

Building Related

Percent Occupied: 100
General Condition: Excellent
Stories Total: Yes
Year Built: 1984
Year Renovated: 2022
Parking Total: 4
Number Of Buildings: Yes

Land Related

In Flood Plain?: No

Status Change Info

Status Change Date: 2024-12-29
Under Contract Date: 2024-12-29
Contingent: Pending
Contingency Reason: Inspection

More Information

Auction Details

Auction: No

Directions & Remarks

Directions: Bacons Bridge Rd to Heber Rd. Go to the second stop sign and turn right on Jedi Ln. Turn right on Langley Drive.
Public Remarks: Duplex in Summerville! This recently renovated duplex features two tenant-occupied three-bedroom, two-bathroom units, making it an excellent income-generating asset. The air conditioning unit was installed in 2018, while the roof was updated in 2022. Units have been updated with modern flooring, appliances, and countertops. Unit A & B are rented for $1,870 per month, per unit; $44,880 yearly. The property is turnkey and is well-maintained, in a desirable location, and close to local amenities. Don't miss out on this lucrative real estate investment! Contact us today to schedule your appointment!

Property Sub Type

Multi Family: Yes

Existing Lease Type

Gross: Yes

Roof

Shingle: Yes

Current Use

Investment: Yes
Multi-Family: Yes
Residential: Yes

Structure Type

Duplex: Yes

Association Amenities

Cable TV: Yes
Electricity: Yes
Parking: Yes
Trash: Yes

Construction Materials

Brick: Yes
Wood Siding: Yes

Parking Type

Surface: Yes

Heating

Central: Yes
Electric: Yes

Cooling

Central Air: Yes
Electric: Yes

Internet Access

Cable: Yes
DSL: Yes
Fiber Optic: Yes
Satellite: Yes

Road Surface Type

Paved: Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Property Features

Property Sub Type: Multi Family Current Use: Investment; Multi-Family; Residential Structure Type: Duplex Existing Lease Type: Gross Association Amenities: Cable TV; Electricity; Parking; Trash Roof: Shingle Construction Materials: Brick; Wood Siding Parking Type: Surface Heating: Central; Electric Cooling: Central Air; Electric Internet Access: Cable; DSL; Fiber Optic; Satellite Road Surface Type: Paved Water Source: Public Sewer: Public Sewer Listing Terms: 1031 Exchange; Cash; Conventional

Listing Office: Exit Realty Lowcountry Group

Last Updated: May - 23 - 2025

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