tomo logo

$1,200,000

Beds
Unknown
sq ft
Unknown

3863 Reddin Rd, North Charleston, SC 29405

3863 Reddin Rd

North Charleston, SC 29405

  • 4 days on market
Prime 12-Unit Multifamily Investment near Park Circle - 3863 Reddin Rd, North Charleston, SC 29405An exceptional investment opportunity in the Park Circle area, one of North Charleston's most sought-after neighborhoods! This 12-unit multifamily complex at 3863 Reddin Rd offers strong rental income potential in a rapidly growing market.Property Highlights:12 well-maintained units, including 3 newly renovated units with modern finishes9 additional units in great condition, offering steady rental incomeLocated in Park Circle, known for its walkability, breweries, restaurants, and community events.High-demand rental market with strong occupancy rates.Easy access to I-26 & I-526, just minutes from Downtown Charleston, Charleston International Airport, and major employers.

Details

Property type

Est. home value

$933,078

Lot size

0.25 acres

Price per sq ft

Unknown

Year built

1958

Price History

03/28/2025
CTAR

CTAR #25008350

Listed
$1,200,000
+140%
07/15/2016
CTAR

CTAR #16001435

Sold
$500,000

Schools & Community

Elementary school: 

North Charleston

Middle school: 

Morningside

High school: 

North Charleston

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Silver Hill Financial Llc

Loan start date

November 2019

Original loan amount

$420,000

Est. remaining balance

Not provided

Interest rate

3.73%

Loan type

Future Advance Clause / Open End Mortgage, 30 year

Seller

Kelli Rivera

Lender

Velocity Commercial Capital Llc

Loan start date

July 2016

Original loan amount

$363,750

Est. remaining balance

Not provided

Interest rate

3.64%

Loan type

Building or Construction Loan, 30 year

Seller

Ramon Rivera and Kelli Rivera

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 1:15 PM

Listing updated: 03/31/2025 at 4:36 PM

Listed by: Alex Sanders, EXP Realty LLC Phone #: (888) 440-2798

MLS: CTAR #25008350

CTAR logo

Recently listed in North Charleston