3113 Matipan Ave, North Charleston, SC 29405

$649,900

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Home Description

This unique 0.51-acre property consists of three adjacent parcels, offering a variety of opportunities and tremendous potential! The package includes a 3 ed/2bath 936 sq ft single-family home (fully renovated with high-quality finishes), a duplex (with two 1-bed/1-bath units, each 390 sq. ft.; also fully renovated with brand-new mechanical, electrical, and plumbing systems), and a vacant lot, which is a cleared, spacious lot formerly housing 3 mobile homes, now primed for your development vision. This property offers flexible income potential. You could rent out the single-family home and duplex for immediate cash flow, or sell the home for an equity boost while maintaining income from the duplex.The vacant lot is ready for new constructionperfect for additional duplexes, townhomes, or multifamily housing. You could even utilize the vacant lot for specialty tenants, offering storage for equipment, vehicles, or materials with adjacent lodging. Capitalize on the ability to set premium pricing with no competition! Combine or reconfigure the existing lot lines to suit your development plans and maximize value. This is a great location with prime frontage on Matipan Avenue and immediate access to I-26, Azalea Drive, and Cosgrove Avenue ensures convenience and high demand. Whether you're seeking steady cash flow, equity growth, or an exciting development project, this property is ready to deliver. Leverage the income from the existing rentals to support your new venture on the vacant lot. Don't miss this rare investment opportunityproperties with this level of potential don't stay on the market for long!