30 30TH AVE
ISLE OF PALMS
SC, United States, 29451
About the property:
JUST REDUCED! Incredible Investment opportunity on Isle Of Palms! Fantastic Rental History, Extremely Well Maintained home with an In-ground Pool w/ Heater, Salt Water Chlorination System, Pool Heater, Sun Deck, Waterfall Fish & Fenced Yard w/a separate Dog Run! This 3 BR/2 BA home (with Queen sized Murphy 4th Bed in Owner's Closet for an extra "room"), sleeps 9. On Vacation Rental Program through Island Realty & VRBO. This home has an easy flowing, exceptional Floor plan, with an Eat In Kitchen w/ Bar & a Screened Porch. It also has lots of upgrades & additions since the owner purchased in 2007. You'll have a Fabulous Master Suite Upstairs w/ Fresh Paint & Vaulted Ceilings, an Owner's Deck off of the Master, a big WIC, and a Luxury BA w/ a Deep Soaking Tub, Dual Vanities, a Glass Block Window & a huge, Oversized Shower. Downstairs: a Bright, Sunny Kitchen w/ white cabinets and a Tile Island/Bar, Recessed Lighting, a big Dining Area, Hardwood Floors, & Upgraded Appliances. There is a Second Master BR down with a WIC & adjoining Bath. Bedroom #3 has Bunk beds w/ a double bed & two twins. The Great Room, Stairs and Upstairs have new Upgraded Carpeting and Re-bond padding & the home has been freshly painted inside & outside. Please see the attachments for all of the Upgrades the owners did to the home after their purchase. It is "Move-In" ready, is cash-flowing, and is currently on a Vacation Rental program with Island Realty and on VRBO. There is a new termite bond through Terminex through 9/2015, and the property has a pool maintenance & lawn care contract that are also transferable. It is 3/16th of a mile to the beach (about 5 blocks), w/ beach access directly on 30th Ave. It is two blocks from the IOP Recreation center on 28th Ave. This home has a Two Car Garage with LOTS of storage that has been partitioned off for a locked Owner's side (with a Garage Door Opener) & a renter's side w/ access to the pool & backyard. The entire exterior has been freshly painted, including the Cement, the Rocking Chair Front Porch, Stairs & all Wood Trim. This home is one of the very few that is on City Water & Sewer (no yukky well water or septic system to maintain) & has a "Mist Away" Mosquito Control system, so you can swim at night and not get 'bugged'! There is a propane tank (not hooked up) for the F/P in the Great Room in the Owner's Garage. Past rental reports as well as all rentals coming on the books & projected rental income reports are available from both Island Realty & VRBO. This is a very popular rental property & is maintained impeccably. The owner prefers to sell all furnishings in the house on a separate bill of sale or negotiated w/ the sale, so it is ready to take over immediately as a cash-generating property, or to move in as a resident. This property is under a rental contract & therefore the sale must be in accordance with the SC Vacation Rental Property Act. Rental Income: 2015: $75,000. Rental Income 2014: $79,000. Income 2013: $77,597.63. Rental Income 2016 (owner used it more in 2016): $72,875, Rental Income 2017: $74,697 (we had to reschedule two weeks of bookings that were cancelled due to the Hurricane and mandatory evacuation, that are now re-booked for 2018, which were $6000).
Presented By:
Kristen Haynes

Kristen Haynes

BIC, GC, CMRS Broker/Realtor, NC/SC

New Home Buyers Brokers / Realty Pros

License #: Broker, NC: 173307, SC: 13212

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$800,000
3
2
.24
Sold
Property Type: Single Family Home