1634 Sumner Avenue, North Charleston, SC

$1,000,000

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0.80

Acres

About 1634 Sumner Avenue

R-2 Multifamily Development Opportunity - Corner Lot Near Park CircleRecently zoned R-2 Multifamily by the City of North Charleston, this 0.8-acre corner lot (a combination of 1634 and 128 Sumner Avenue TMS# 473-14-00-099) offers exceptional potential for new multifamily development.The properties currently include two homes and one mobile home, all conveying at no value. It's ideally situated between Stallion Grove Apartments to the rear and Read Street Apartments to the right, with the Charleston Farms Community Center--featuring a community garden --directly across the street.A new survey has been ordered and is expected in January, marking property corners, setbacks, and easements. In the meantime, an older plat and the City of North Charleston's R-2 multifamily guidelines are available under documents. According to current guidelines, R-2 zoning allows buildings up to 200 feet in length with a maximum of 8 units per building. For reference, Stallion Grove Apartments behind the property currently includes 16 single-level units on just 0.55 acres. This is a rare opportunity to invest early in an area experiencing rapid growth and redevelopment. Just one block away, Attaway Street connects Charleston Farms to the vibrant Park Circle community --home to popular restaurants, nightlife, and boutique shopping.

Features of 1634 Sumner Avenue

MLS® # 25032367
Price $1,000,000
Bathrooms 0.00
Acres 0.80
Type Land
Status Active

Community Information

Address 1634 Sumner Avenue
Area 32 - N.Charleston, Summerville, Ladson, Outside I-526
Subdivision Charleston Farms
City North Charleston
County Charleston
State SC
Zip Code 29406

Amenities

Amenities Bus Line, Clubhouse
Utilities Electricity Connected, Natural Gas Connected, Water Connected
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description .5 - 1 Acre, Corner Lot, Interior Lot, Level

School Information

Elementary Matilda Dunston
Middle Morningside
High North Charleston

Additional Information

Days on Website 93
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAgentOwned Realty Preferred Group
Contact Info843-884-7300

Listing Map

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