1221 Sumner Avenue A,B,C,D,E, Annette 1 & 2, North Charleston, SC 29406
Overview
Description
Supplements: ... (Read more) The property features a stabilized rental profile with a blend of four long-term rental units, one furnished 30 day plus rental, and two short-term rental units, allowing investors to benefit from diversified income streams and operational optionality. All units are fully leased, and the short-term rental units have an established operating history, supporting immediate cash flow. The asset underwent a comprehensive renovation on Units C,D,E in 2024, (the other two were renovated recently before current owner purchased (~2022 and recently refreshed 2026) including significant capital improvements to electrical, plumbing, HVAC systems, and hot water heaters, along with full cosmetic updates. Renovations include new LVP flooring, drywall, quartz countertops, tile showers, stainless steel appliances, updated cabinetry, modern fixtures, fresh interior and exterior paint, and landscaping, positioning the property as a low-maintenance, turnkey investment. Both buildings feature concrete block construction, shingle roofs, Romex wiring, and PVC/PEX plumbing. The property is located in Flood Zone X (minimal flood risk) and sits on just over one-third of an acre. Ideally located just minutes from Park Circle, Sumner Seven benefits from proximity to walkable dining, breweries, and neighborhood retail, along with convenient access to Rivers Avenue (US-52), I-526, and I-26, providing efficient connectivity to Downtown Charleston, Daniel Island, and the greater Charleston MSA. Major nearby employment centers include Boeing, Joint Base Charleston, Mercedes-Benz Vans, Charleston International Airport, and the rapidly expanding Naval Yard redevelopment corridor. Sumner Seven represents a rare small-multifamily opportunity combining stabilized occupancy, renovated core systems, and diversified rental income in a supply-constrained market. With no heavy repositioning required, the property is well suited for investors seeking immediate income, operational ease, and durable long-term value. Some seller financing may be considered from seller equity, there is a mortgage on the property. Seller will consider pricing incentives for clean, non-seller-financed transactions with strong terms. Other recent updates: Unit A - New mini split (2026) repaint, pressure wash, door stain, new sun shades, new bath fixtures and other assorted updates Unit B - Similar maintenance and updates scheduled Aug 2026 5470 Annette - New Roof 2026 Unit 2 - 2026 furnished and did an interior refresh
Listing Details MLS# 26021800
Location, Tax & Legal
- Tax Map #
- 4710300021
- Street #
- 1221
- Street Name
- Sumner
- Street Suffix
- Avenue
- County
- Charleston
- State
- SC
- Zip Code
- 29406
- Area
- 32 - N.Charleston, Summerville, Ladson, Outside I-526
- Tax District
- 43 - City of North Charleston
- Subdivision
- Charleston Farms
- Elementary School
- North Charleston
- Middle School
- Morningside
- High School
- North Charleston
- Directions
- Continue on N Rhett Ave/State Rd S-10-60. Drive to State Rd S-10-282/Sumner Ave 2 min (0.5 mi) Use the left lane to turn left onto N Rhett Ave/State Rd S-10-60 0.4 mi Turn left onto State Rd S-10-282/Sumner Ave Destination will be on the left
- Unit #
- A,B,C,D,E, Annette 1 & 2
- Legal Description
- Lt 24 Of 2 Blk 2
Contract Info
- MLS List Date
- 2026-07-30
- Primary Structure List Price/SqFt
- 400
General Property Info
- Number of Units
- 7
- # Stories
- Yes
- Ground Level
- Yes
- Total Apx SqFt
- 3000
- Year Built
- 1973
- Acreage
- 0.47
- Occupancy
- Leased
- Potential Short Sale
- No
- Other Structures Y/N
- No
Unit 1
- SqFt
- 400
Unit 2
- SqFt
- 400
Unit 3
- SqFt
- 400
More Information
Unit 4
- SqFt
- 400
Income, Expenses & Fees
- Gross Income
- 140859.39
Office/Member Info
- Seller Concessions Negotiable Y/N
- Yes
SqFt Source
- Tax Records
- Yes
Roof
- Asphalt Shingle
- Yes
Exterior
- Block/Masonry
- Yes
- Stucco
- Yes
Attic Features
- Access
- Yes
Foundation
- Crawl Space
- Yes
- Slab
- Yes
Garage/Parking
- Assigned Parking
- Yes
Driveway
- Gravel
- Yes
Architectural Style
- Duplex
- Yes
- More than 4
- Yes
New Owned/Pre-owned
- Pre-Owned
- Yes
Equipment/Appliances
- Ceiling Fan
- Yes
- Dishwasher
- Yes
- Disposal
- Yes
- Dryer
- Yes
- Electric Dryer Hookup
- Yes
- Electric Range
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer
- Yes
- Washer Hookup
- Yes
Cooling
- Electric
- Yes
- Heat Pump
- Yes
Heat
- Electric
- Yes
- Heat Pump
- Yes
Amenities
- Trash
- Yes
Proposed Financing
- Any
- Yes
Tenant Pays
- Electric
- Yes
- Heat
- Yes
Possession
- At Closing
- Yes
Water/Sewer
- Public Sewer
- Yes
- Public Water
- Yes
Utility Suppliers
- Charleston Water Service
- Yes
- Dominion Energy
- Yes
Property Features
Survey ›