Wholesale Deal

Downtown Charleston

*20 Cedar St

Charleston, SC 29403

Ready for a top down cosmetic renovation is this awesome townhouse at 20 Cedar St, Charleston, SC 29403 in downtown Charleston. This 1,122 square foot townhome has 4 bedrooms and 2.0 bathrooms. Conveniently located in the East Central part of Charleston with easy access to all the restaurants, stores, schools, bars and conveniences. 

No HOA here and built in 1973 on a slab foundation, you will have an easier time renovating this property vs a lot of downtown projects. There is a tenant in place on a month to month lease. We are working on getting some additional photos but there is a quick walk through video (link below). These properties make really great flips or long term rentals. 

OPEN HOUSE WALK-THROUGH TUESDAY 2/22/22 12pm-1pm 

Please submit best and final by Thursday 2/24/22 at 6pm. Best and Highest will be selected on Friday 2/25/22. No 2nd round or back and forth. No "Buy It Now" on this one. 

Contract via Assignment. This property is being offered via a Joint Venture. We have an interest in the property via contract.

20 Cedar St.

Charleston, SC 29403

1,122 sqft

ARV: +/- $400,000

Repair Estimate: +/- $50,000-$75,000 (depends on exit strategy)

Asking: $240,000

COMPS:

(My Opinion of Similar Sales - Please do your own due diligence) 

SUBJECT

20 Cedar St, Charleston, SC 29403

4 bd | 2 ba | 1,122 sqft

https://www.zillow.com/homedetails/20-Cedar-St-Charleston-SC-29403/10908734_zpid/

COMPS - FLIP:

195 Nassau Street Charleston, SC 29403

3 bd | 2 ba | 1,188 sqft | $334/sqft

Sold: $397,000

Sold on 08/03/21

https://www.zillow.com/homedetails/195-Nassau-St-Charleston-SC-29403/10905677_zpid/

372 N Nassau St, Charleston, SC 29403

3 bd | 2 ba | 1,140 sqft | $298/sqft

Sold: $340,000

Sold on 6/4/21

https://www.zillow.com/homedetails/372-N-Nassau-St-Charleston-SC-29403/10908738_zpid/

COMPS: RENTAL

22 Cedar Street Charleston, SC 29403

4 bd | 2 ba | 1,129 sqft | $261/sqft

Sold: $295,000

Sold on 1/20/22

https://www.zillow.com/homedetails/22-Cedar-St-Charleston-SC-29403/10908735_zpid/

*Contract via Assignment. We have an interest in the property via contract.