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  • $1,055,000

    4953-4975 Lake Palmetto Ln, North Charleston, SC 29418

    6beds
    7baths
    4,279sqft
    Townhouse
    Built in 2005
    5,227 Square Feet Lot
    $-- Zestimate®
    $247/sqft
    $3,871 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,871/mo

    Zestimate® history
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    $5,994/mo

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    What's special

    2 active short term rentals sold fully furnished generating over 200,000 per year in income. All future bookings will transfer upon sale complete pass through investment at a high rate of return. Agents and buyers search through loopnet, crexi, mls, or any other real estate platform and try to find a pass through cap rate at 8.5%. The rentals have many five star reviews with streamlined management already in place. All three rentals are unique booking experiences since they are lake front (these units consistently rent higher than well known park circle rentals) and can accommodate a large family due to each townhome being over 2200 sq ft. Since the properties are fee simple and built after 2004 maintenance is minimal without worry of an overbearing HOA or large assessments.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tift Properties

    Bought with:

    Ashley Cooper Real Estate, LLC

    Source: CTMLS,MLS#: 25003531MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Washer Hookup
    Features
    • Ceiling Fan(s)
    Interior area
    • Total structure area: 4,279
    • Total interior livable area: 4,279 sqft

    Property

    Parking
    • Parking features: Other
    Lot
    • Size: 5,227 Square Feet

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Materials
    • Vinyl Siding
    • Foundation: Crawl Space
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2005

    Community & HOA

    Community
    • Features: Dock Facilities
    • Security: Fire Sprinkler System, Security System
    • Subdivision: Lake Palmetto
    Location
    • Region: North Charleston

    Financial & listing details

    • Price per square foot: $247/sqft
    • Date on market: 2/11/2025
    • Listing terms: Any

    Price history

    DateEventPrice
    5/15/2025Sold$1,055,000-37.8%$247/sqft
    Source: CTMLS #25003531 Report a problem
    2/11/2025Listed for sale$1,695,000$396/sqft
    Source: CTMLS #25003531 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 29418

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Meeting Street Elementary at Brentwood
    • Middle: Northwoods
    • High: North Charleston

    Source: CTMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.