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$1,299,000
8 Beds 7.5 Baths 26024359 MLS
902 Royal Tern with a rare opportunity to acquire four town-home style units in South Mount Pleasant, one of Charleston's most desirable submarkets. All comprised of 2 bed 1.5 bath. Unit B is intentionally vacant for renovations. Can be leased within a week on average according to seller. All other units are Leased through March 31st 2027, and current income is A ($2,200), B (Vacant), C ($1,900), D ($1950). At 1.299M, the asset reflects a 5% cap rate on in-place income, assuming $2250 a month rent for Unit B. Current rents are below market, with comparable two-bedroom units averaging $2,620, creating strong upside potential. Pro forma rents at market levels suggest annual income could exceed $125,760, yielding an 6.3% CAP.(Some Photos contain Ai Staging)

902 Royal Tern Lane, Mount Pleasant

Listing courtesy of Listing Agent: Mary Beth Wichlei from Listing Office: Align'd Properties.

$1,299,000
8 Beds 26024180 MLS
902 Royal Tern with a rare opportunity to acquire four town-home style units in South Mount Pleasant, one of Charleston's most desirable submarkets. All comprised of 2 bed 1.5 bath. Unit B is intentionally vacant for renovations. Can be leased within a week on average according to seller. All other units are Leased through March 31st 2027, and current income is A ($2,200), B (Vacant), C ($1,900), D ($1950). At 1.299M, the asset reflects a 5% cap rate on in-place income, assuming $2250 a month rent for Unit B. Current rents are below market, with comparable two-bedroom units averaging $2,620, creating strong upside potential. Pro forma rents at market levels suggest annual income could exceed $125,760, yielding an 6.3% CAP.(Some Photos contain Ai Staging)

902 Royal Tern Lane Unit #A B C D, Mount Pleasant

Listing courtesy of Listing Agent: Jake Stradling from Listing Office: Align'd Properties.

$395,000
2 Beds 1.5 Baths 26000518 MLS
Welcome to 890 Seagull Drive, a charming 2-bedroom end-unit townhome currently operating as a successful Airbnb rental. Perfectly positioned in a central Mount Pleasant location, this home offers unbeatable convenience. Just minutes to the beach, historic downtown Charleston, and with quick access to I-526 for easy commuting.The corner-unit setting provides added privacy and natural light, making it an ideal primary residence, second home, or investment property. Even more appealing, the home is zoned for Mt Pleasant Academy, Moultrie, and Lucy Beckham, widely regarded as some of the most desirable schools in the county.Whether you're looking for coastal living, a turnkey rental opportunity, or a home close to everything, 890 Seagull Drive delivers location, charm, and versatility

890 Sea Gull Drive, Mount Pleasant

Listing courtesy of Listing Agent: Carolina Jewett from Listing Office: The Boulevard Company.

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