$1,055,000
Unlock Price Rating!

4953,4975 Lake Palmetto Lane, North Charleston, SC 29418

6 Beds
0 Baths
4,279 Sq Ft

2 active short term rentals sold fully furnished generating over 200,000 per year in income. All future bookings will transfer upon sale complete pass through investment at a high rate of return. Agents and buyers search through loopnet, crexi, mls, or any other real estate platform and try to find a pass through cap rate at 8.5%. The rentals have many five star reviews with streamlined management already in place. All three rentals are unique booking experiences since they are lake front (these units consistently rent higher than well known park circle rentals) and can accommodate a large family due to each townhome being over 2200 sq ft. Since the properties are fee simple and built after 2004 maintenance is minimal without worry of an overbearing HOA or large assessments.

  • MLS# 25003531
  • Date Listed02/10/2025
  • Bedrooms 6
  • Bathrooms
  • Lot Size 0.12 acres (5,227 sq. ft)
  • Subdivision Lake Palmetto
  • County Charleston
  • Year Built 2005
  • Square Feet 4,279 sq. ft
  • Price Per Sq. Ft $246.55

Interior Features

  • Appliances Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Cooling Ceiling Fan(s), Central Air
  • Heating Central

Exterior / Lot Features

  • Roof Asphalt
  • Lot Size Acres 0.12
  • Lot Size SQFT 5,227.20
  • Lot Features -

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in SC / 29418

Source: Walkscore

37/100

Car-Dependent

Walk Score ®

34/100

Some Transit

Transit Score ®

36/100

Bikable

Bike Score ®

Overview

Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

5 nearby routes: 5 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 24/100, Transit Score: 22/100, Bike Score: 39/100.

Property Change History

List Price decreased from $1,695,000 to $1,055,000
Property description updated with new details

Points of Interest near 4953,4975 Lake Palmetto Lane, North Charleston, SC 29418

Frequently Asked Questions for 4953,4975 Lake Palmetto Lane

Source: Realty.com

4953,4975 Lake Palmetto Lane, North Charleston, SC 29418 is a Townhouse, Residential Income property listed for $1,055,000 The property is 4279 sq. ft with 6 bedrooms and 0 bathrooms

Realty.com has 46 photos of 4953,4975 Lake Palmetto Lane.

Our records indicate that 4953,4975 Lake Palmetto Lane was built in 2005.

The full address for this home is 4953,4975 Lake Palmetto Lane, North Charleston, SC 29418.

4953,4975 Lake Palmetto Lane has been listed on Realty.com since Mon February 10, 2025

Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 24/100, Transit Score: 22/100, Bike Score: 39/100.

There are 3 schools assigned to this home. Check out the schools near 4953,4975 Lake Palmetto Lane. Meeting Street Elementary At Brentwood (Grades: PK - 8), Meeting Street Elementary@burns (Grades: 3 - 5), North Charleston High School (Grades: 9 - 12)

Listing provided courtesy of: Tift Properties (tel: 843-514-8566)
Listing agent: Tift Mitchell (tel: 843-514-8566) (#19879)

This content last refreshed on 2025-12-04 03:00:14. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 4953,4975 Lake Palmetto Lane, North Charleston, SC 29418 : MLS# 25003531