7 Kyle Place

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7 Kyle Place

Charleston, SC 29403
Asking Price
$999K
Cap Rate
2.31%
Asset Type
Multifamily
Class
Class B

What's Special

Active and Licensed Cat 2 STR <ul><li>​Introducing 7 Kyle Place, a prime investment opportunity featuring an active and legally compliant live in short-term rental unit in Wagner Terrace district of downtown Charleston.</li><li>​Units: The property comprises two well-maintained units, each consisting of 2 spacious bedrooms and 2 full bathrooms. The units are designed to provide a comfortable and welcoming environment for short-term and long term renters alike.</li><li>​Financial Potential: Stable Income: The property is curr

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NOI
$80,000
Cap Rate
8.01%
DSCR
1.35
Strong
Cash-on-Cash
6.90%
Monthly Payment
$4,942.507
Annual Cash Flow
$20,689.917

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