Home Details for 120 Fred Street

This Fully leased multifamily investment opportunity located in downtown Summerville SC. comprised of 8 units, the building underwent a full renovation in 2024, featuring all new appliances, HVAC, fixtures, Duration paint, LVP flooring and new tankless water heaters. This low-maintenance brick building, with new systems in place, boasts quartz countertops and stainless steel appliances, offering modern appeal and convenience with 10 on site parking spaces. Situated in the high-demand Summerville area with 100% occupancy, this property presents a seamless, automated management system, with digital access locks on all doors. This property is just blocks from Downtown Main street. Don't pass up this opportunity to invest in the #1 ranked suburb in the USA for 2025!Each unit has its own power meter, water is shared for the building. Sale is for the building and .19 Acres of land with frontage on Fred Street. The vacant land facing W 5th North Street is not part of this offering, but could also be purchased for an additional $100,000.00. This lot has a preliminary site plan for 3 single family home lots., but could also accommodate townhomes or small commercial development.