Bought with Maven Realty
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601&603 Semaht St Charleston, SC 29412
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Key Details
Sold Price $620,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,039 sqft
Price per Sqft $596
Subdivision Stono Shores
MLS Listing ID 26000886
Sold Date 03/20/26
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1955
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Single Family Detached
Property Description
Turnkey James Island income property featuring two fully renovated dwellings on a rare 0.24-acre lot with ample off-street parking, located in unincorporated Charleston County.The property includes a 2BR/1BA main residence and a separate studio ADU, both fully renovated down to the studs in 2022. Combined, the property offers approximately 1,155 SF of living space with independent layouts, modern finishes, and strong functional separation.In-place rental income totals $3,800/month ($45,600 annually) with the main home renting for $2,200/month and the ADU for $1,600/month. No HOA. Owner covers water and landscaping only. Estimated NOI of approximately $30,000 annually.The oversized lot and parking configuration provide flexibility rarely found on James Island and support multiplebuyer profiles including long-term investors, owner-occupants seeking rental offset, or hybrid-use buyers.
Property is located in unincorporated Charleston County, where short-term rentals are permit-driven. Buyer to independently verify zoning, permitting requirements, and intended use. No STR income has been assumed in current financials.
A rare opportunity to acquire a compound-style property with proven income, recent major renovations, and long-term optionality in one of Charleston's most desirable submarkets.
Location
State SC
County Charleston
Area 21 - James Island
Rooms
Master Bedroom Ceiling Fan(s)
Interior
Interior Features Ceiling - Smooth, Ceiling Fan(s), Family
Heating Ductless
Flooring Luxury Vinyl
Window Features ENERGY STAR Qualified Windows
Exterior
Parking Features Off Street
Fence Wood, Fence - Wooden Enclosed
Community Features Lawn Maint Incl, Trash
Utilities Available Dominion Energy, James IS PSD
Roof Type Architectural
Building
Lot Description 0 - .5 Acre, High
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories One
Structure Type Stucco
New Construction No
Schools
Elementary Schools Murray Lasaine
Middle Schools Camp Road
High Schools James Island Charter
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash,Conventional,FHA,VA Loan
Special Listing Condition Flood Insurance
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