5470 Annette Street, Charleston, SC 29406
Overview
Description
Supplements: ... (Read more) The property was comprehensively renovated just a few years ago (2024 with unit 2 refreshed in 2026), electrical, plumbing, HVAC, and finishes were replaced, along with a new roof in 2026, so the next owner can focus on income, not maintenance headaches. Both units include modern kitchens with stainless steel appliances, quartz counters and updated bathrooms with tiled showers, new vanities, in unit washer/dryer and the kind of finishes today's renters expect. Whether you're a seasoned investor, 1031 exchange buyer, or someone looking to house hack and live in one unit while the other offsets your mortgage, this property delivers the versatility to fit a wide range of investment goals. The duplex format allows flexibility to continue operating as a long-term rental, explore mid-term or furnished housing for traveling professionals, or simply hold as a low-maintenance income producer in an area with a history of steady growth and rising demand. The location is prime - Annette Street sits minutes from Park Circle, and the restaurants, retail, and bars on E Montague as well as being minutes from 526, making for an easy commute to downtown. The surrounding area has seen consistent growth as the City of North Charleston prioritizes infrastructure, green space, and redevelopment in this corridor. With proximity to major employers, the airport, and quick interstate access, this address benefits from strong tenant demand and excellent rental stability. For investors focused on portfolio diversification and cash flow, this property checks all the right boxes: -Fully renovated and performing from day one -Professionally managed, offering optional hands-off ownership -Stable tenants and proven rent history -Modernized systems, reducing near-term maintenance costs -Located in a high-demand growth corridor with limited small multifamily inventory As smaller multifamily assets become harder to find in core Charleston submarkets, this duplex stands out as an efficient, low-risk way to participate in the area's growth story. It combines the convenience of a turnkey property with the strategic upside of a market that has been on an upward trend. Whether you're exchanging out of another market, adding to your existing portfolio, or taking your first step into multifamily ownership, 5470 Annette Street offers the kind of simplicity and long-term potential investors look for, but rarely find, in Charleston's competitive landscape. Huntington Bank offers up to $5,500. towards a buyer's closing costs for this property address, see flyer in listing docs.
Listing Details MLS# 26021834
Location, Tax & Legal
- Tax Map #
- 4710300021
- Street #
- 5470
- Street Name
- Annette
- Street Suffix
- Street
- 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
- Exit 526, turn left onto N Rhett ave, then turn left on Sumner Ave. Make another left onto Annette St and it will be the dark blue building with the large gravel parking lot.
- Legal Description
- District/Ward City Of North Charleston (Td 43) 2010 Census Trct/Blk 34/4
Contract Info
- MLS List Date
- 2026-07-31
- Primary Structure List Price/SqFt
- 325
General Property Info
- Number of Units
- 2
- # Stories
- Yes
- Ground Level
- Yes
- Total Apx SqFt
- 1000
- Year Built
- 1973
- Acreage
- 0.13
- Occupancy
- Leased
- Potential Short Sale
- No
- Other Structures Y/N
- No
Unit 1
- SqFt
- 500
Unit 2
- SqFt
- 500
Income, Expenses & Fees
- Gross Income
- 35340
- Auction
- No
More Information
SqFt Source
- Tax Records
- Yes
Roof
- Asphalt Shingle
- Yes
Exterior
- Block/Masonry
- Yes
Attic Features
- Access
- Yes
Foundation
- Slab
- Yes
Garage/Parking
- Other (Use Remarks)
- Yes
Driveway
- Gravel
- Yes
Architectural Style
- Duplex
- Yes
New Owned/Pre-owned
- Pre-Owned
- Yes
Equipment/Appliances
- Ceiling Fan
- Yes
- Dishwasher
- Yes
- Disposal
- Yes
- Electric Range
- Yes
- Electric Single Oven
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Stacked Washer/Dryer
- Yes
- Washer Hookup
- Yes
Cooling
- Ductless
- Yes
- Electric
- Yes
- Heat Pump
- Yes
Heat
- Ductless
- Yes
- Electric
- Yes
- Heat Pump
- Yes
Amenities
- Trash
- Yes
Sale Includes
- Building and Land
- Yes
- No Furniture
- Yes
Proposed Financing
- Any
- Yes
Tenant Pays
- Electric
- Yes
Possession
- At Closing
- Yes
Water/Sewer
- Public Sewer
- Yes
- Public Water
- Yes
Utility Suppliers
- AT&T
- Yes
- Charleston Water Service
- Yes
- Dominion Energy
- Yes
Property Features
Documents
Upgrades & Conveniences ›